Budget 2024-2025

Easing cost-of-living pressures

Responsible cost-of-living relief and helping Australians keep more of what they earn.

This includes to following initiatives:

• Tax cuts for every Australian taxpayer
• New power bill relief
• Support for renters
• Cheaper medicines
• Supporting students
• A fair go for consumers
• Growing wages
• Enhancing support services

Building more homes for Australians

Building more homes and better transport for cities, regions and suburbs.

This includes the following initiatives:

• Help to build, rent and buy
• Better transport for cities, regions and suburbs

Investing in a Future Made in Australia

Investing in a Future Made in Australia and the skills to make it a reality.

This includes the following initiatives:

• Attracting investment in key industries
• Making Australia a renewable energy superpower
• Strengthening resources and economic security
• Digital, science and innovation
• Reforming tertiary education
• Skills pipeline for priority industries
• Strengthening our defence industry capability
• Securing Australia’s place in the world
• Support for small businesses
• A more resilient Australia

Strengthening Medicare and the care economy

Building a better health system that improves outcomes.

This includes the following initiatives:

• High-quality health services through Medicare
• Mental health support
• Improving the aged care system
• Reforming the disability sector
• Delivering essential services

Broadening opportunity and advancing equality

Supporting women, Aboriginal and Torres Strait Islander Australians and the most vulnerable.

This includes the following initiatives:

• Progressing equality, supporting women
• Support for Aboriginal and Torres Strait Islander Australians
• Supporting the most vulnerable

Source: www.budget.gov.au