Report – 2025 Federal Budget analysis

This pre-election Budget was delivered in unique domestic circumstances at a challenging time globally. Most political commentors were also expecting an early election would eliminate the need for a March Budget, but the landfall of ex-tropical cyclone Alfred in Queensland and New South Wales closed the door on an early April poll. With an election due by 17 May, Treasurer Chalmers no doubt penned his fourth Budget with an eye to the polls.