SBS World News Budget Coverage Special | SBS News
Join us for a special edition of SBS World News as Chief Finance Editor Ricardo Goncalves and Chief Political Correspondent Anna Henderson discuss the implications of the Federal Budget 2026-27 for you.
The federal budget is the Australian government’s plan for how it collects and spends public money each year.
Funded mainly through taxes, it pays for key services and responsibilities including welfare, healthcare, defence and infrastructure.
Jim Chalmers said the federal budget includes $63.8 billion in savings, alongside new revenue expected from changes to negative gearing and capital gains tax.
A significant portion of those savings comes from previously announced changes to the National Disability Insurance Scheme, which the government says will reduce spending by $36.2 billion over the forward estimates.
He said the government had also taken a restrained approach to spending as it prepares for ongoing economic uncertainty and future financial pressures.
For all the latest updates, visit our live blog https://www.sbs.com.au/news/live-blog/federal-budget-2026-live-updates/c93yhj7dq
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