Podcast episode 77: Federal Budget 2026 - From policy announcements to practical impact
This episode explores the 2026 Federal Budget’s key tax reforms, the economic outlook and business impacts across housing, investment and national resilience.

This episode explores the 2026 Federal Budget’s key tax reforms, the economic outlook and business impacts across housing, investment and national resilience.
This episode unpacks how FBT operates in Australia and New Zealand, from structural differences and valuation approaches to compliance pain points and reforms reshaping both regimes.
In this episode, we explore how tax leaders can move beyond AI pilots and productivity gains to unlock real, sustainable value through redesigned workflows, stronger governance and people led transformation.
Emma Rosenzweig from the Australian Taxation Office outlines for employers what Payday Super will mean in practice from 1 July 2026, from payment timing, qualifying earnings, contractor obligations, reporting under Single Touch Payroll, cash flow impacts and the ATO’s compliance approach.
Hayley Lock and Anna Kavelj discuss common traps and best practice tips for businesses sending employees travelling around the globe for that overseas assignment, from taxes and allowances, to pets, real estate and schools.
This episode features special guests from Maxxia - Implementation Lead Julien Walter and Tax and Compliance Manager Sharon Mackenzie-Pringle - as they discuss the value of outsourcing the administration of a salary packaging program as opposed to managing in-house.
What's hype, what's real and what's next? KPMG Tax Analytics and Automation Partner Barry Sullivan, along with Digital Solutions and AI Director Ed Hewings, discuss the breakthroughs in generative models, and where tax functions might benefit from adopting Artificial Intelligence.
KPMG ASPAC Tax Policy Lead Conrad Turley, along with KPMG Singapore Director Tam Do and KPMG EU Tax Centre Director Marco Dietrich, discuss the design of tax incentives, compliance considerations and competitiveness factors in the Asia Pacific region, alongside parallel developments in Europe.
Conrad Turley and Grant Wardell-Johnson discuss the Pillar Two approach for multinational entities in the Asia Pacific region in relation to jurisdictional rules and tax incentives, and how the G7's proposed 'side by side' approach could be implemented.
Barry Sullivan, Rosie Foldvari and Xi Ngan discuss fixed assets and capital allowances, with a focus on the ATO's review process, governance, and the transformative role of technology.
ATO Assistant Commissioner Rob Thomson discusses key interest areas for individuals when it comes to lodging their tax returns, including the private health rebate, working from home deductions and superannuation checks.
Jacqui Hardwick and Catherine Ommundson explore the updates made to the supplementary annual GST return, including use of the GST analytical tool, and why the Australian Taxation Office is interested in companies' business processes and system changes.
ATO Assistant Commissioner for Superannuation and Employer Obligations Peta Lonergan provides KPMG’s Hayley Lock and Stacey Biggar with key tax updates for internal teams and compliance areas of interest in 2025.
KPMG Corporate Tax Partner Gabby Burcul and Enterprise Tax Partner Clive Bird discuss the measures announced in the Federal Government’s 2025 Budget, and in particular, what they mean for business.
KPMG's Stacey Biggar and Sam Gathercole are joined by Thomson Reuters' ONESOURCE FBT Solution Product and Proposition Manager Amesh De Silva as they discuss Fringe Benefits Tax (FBT) preparation processes and automation for Australian business.
KPMG Workforce Advisory Partner Hayley Lock, along with Manager Dihan Fernando, Consultant Tayla MacNair and Vacationer Andre Mascarenhas, discusses student and graduate career opportunities in tax in a professional services firm.
In the second part of our future of tax policy series, Alia Lum discusses with David Bradbury the United Nations' efforts to scale up international tax cooperation and the challenges of tax reform here in Australia.
This episode explores how companies are meeting their tax obligations when it comes to intangible assets, such as software royalties, what cross-border issues are arising and the current level of activity and guidance coming from tax administrators.
KPMG Australia Tax Policy Lead Alia Lum speaks with the former Deputy Director for the OECD Centre for Tax Policy and Administration - turned KPMG Consulting Partner - David Bradbury, as they discuss the OECD/G20 Inclusive Framework's efforts in developing a global tax agreement among member countries and what the future may hold for BEPS 2.0.
Jacqui Hardwick and Catherine Ommundson discuss the Australian Taxation Office's (ATO) new supplementary annual reporting requirement for Top 100 and Top 1,000 taxpayers and what guidance is available to assist organisations to comply.
Stacey Biggar and Tayla MacNair are joined by Andrew Hosken from Victoria's State Revenue Office, as they discuss focus areas for review and compliance activity, preparation of payroll tax returns and finding a career in tax.
Peter Oliver is joined by Jennifer Ta, Fabian Fedele and Josefina Martinez, as they discuss the ATO’s current guidance and expectations on compliance in relation to the hybrid mismatch rules, and how multinational companies can take steps in preparation and response.