This article was written by Nancy Wang Principal Solicitor at W & G Lawyers.
On 12 May 2026, the Australian Government handed down the 2026–27 Federal Budget. The Budget sends a clear policy message: the Government intends to direct tax concessions, housing incentives, business support and skilled migration settings towards areas considered more productive for the Australian economy.
These include new housing supply, genuine business investment, skilled labour, and migrants who are able to make an immediate and meaningful contribution to Australia’s workforce and tax base.
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