State and territory budget roundup – 2026

Across the 2026–27 budgets, jurisdictions have generally prioritised targeted relief and housing-related measures over broad-based tax reform, as highlighted by Cullen Smythe, Rouein Momen and Angus Young.

The 2026–27 state and territory budget cycle is now complete. This year the budgets generally reflect a cautious revenue environment, with most jurisdictions avoiding broad-based tax increases and instead focusing on measures specifically targeted at housing, cost-of-living and revenue compliance. A clear theme across the budgets is the use of state tax settings to support housing supply and affordability. Several jurisdictions have announced or extended duty concessions, first home b...

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Authors: Cullen Smythe, Rouein Momen,

Published Date: 09 July 2026