Federal Budget 2026 – Multinational Tax
From a multinational tax perspective, the measures reinforce a continued alignment with global reform settings, and a more targeted approach to taxing economic activity connected to Australia.

Through continued advancement in the use of data and technology, and an Australian commitment to global tax reform, Natalie supports financial services business leaders by sharing her insights on tax and broader industry developments. She partners with them on major projects to ensure that tax issues are managed effectively.
Natalie has been at the forefront of tax reform for asset management and the broader financial services sector, supporting industry bodies in their submissions on law design and administration.
Natalie’s experience includes working with domestic and foreign banks, investment banks, alternative finance providers and asset managers, as well as with superannuation funds and investment platforms, custodians and fund administrators
From a multinational tax perspective, the measures reinforce a continued alignment with global reform settings, and a more targeted approach to taxing economic activity connected to Australia.
This episode explores the 2026 Federal Budget’s key tax reforms, the economic outlook and business impacts across housing, investment and national resilience.
The statement includes updated requirements around foreign income tax offsets in relation to foreign capital gains, in light of the Burton decision, as highlighted by Natalie Raju and Edward Tweddle.
With an emphasis on cost of living and other pre-election priorities, unsurprisingly, multinational tax measures are not the focus of this Budget.