Treasurer Jim Chalmers is scheduled to present the federal budget, a comprehensive fiscal strategy detailing national revenue generation and expenditure allocations.

財政部長 Jim Chalmers 預計將提交聯邦預算，這是一項全面的財政策略，詳細列出國家收入來源與支出分配。

The proposed fiscal strategy is predicated upon three primary pillars: tax reform, productivity enhancement, and strategic investment. A central objective of the administration is the mitigation of intergenerational inequity, particularly regarding housing accessibility. Consequently, the government intends to implement significant modifications to the Capital Gains Tax (CGT) regime, potentially reverting to a pre-1999 indexation model or introducing a flat discount. This reform, alongside potential restrictions on negative gearing and the taxation of discretionary trusts, is designed to reduce the competitive advantage of investors over first-time homebuyers. These measures may extend to diverse asset classes, including cryptocurrencies and luxury goods.

擬議的財政策略基於三大支柱：稅制改革、提高生產力以及策略性投資。政府的一個核心目標是緩解代際不平等，特別是在住房獲取方面的問題。因此，政府打算對資本增值稅 (CGT) 制度進行重大修改，可能會恢復 1999 年前的指數化模型，或引入固定折扣。此項改革，配合對負扣稅 (negative gearing) 的潛在限制以及對全權信託的徵稅，旨在降低投資者相對於首次購屋者的競爭優勢。這些措施可能會擴展到不同的資產類別，包括加密貨幣和奢侈品。

Simultaneously, the government is prioritizing economic productivity and the reduction of regulatory burdens. This is evidenced by the permanent establishment of the $20,000 instant asset write-off for small enterprises and a comprehensive 'red tape' reduction strategy. The latter includes the implementation of a national digital ID system and the streamlining of construction standards. To address macroeconomic stability, the administration has opted against an immediate one-off tax offset for wage earners to avoid exacerbating inflationary pressures, instead deferring such relief to the 2027–28 period.

同時，政府將經濟生產力和減輕監管負擔列為優先事項。這體現於將小企業 2 萬澳元的即時資產折舊扣除永久化，以及一項全面的「削減繁文贅節」策略。後者包括實施國家數位 ID 系統及簡化建築標準。為維持總體經濟穩定，政府決定不立即為薪資所得者提供一次性稅務抵免，以避免加劇通貨膨脹壓力，而是將此類緩解措施推遲至 2027-28 年度。

Strategic expenditures are directed toward national security and infrastructure. A $53 billion allocation over the next decade is earmarked for defense, specifically targeting long-range capabilities and unmanned aerial vehicles. Furthermore, a $10 billion fuel security package has been initiated to insulate the domestic economy from geopolitical instability in the Middle East. Conversely, fiscal consolidation is being pursued through a $15 billion reduction in NDIS expenditure over four years, aimed at curtailing systemic inefficiency and reducing the participant base from 760,000 to 600,000 by 2030.

策略性支出將導向國家安全與基礎建設。未來十年將撥款 530 億澳元用於國防，特別針對遠程能力與無人機。此外，政府啟動了一項 100 億澳元的燃料安全方案，以使國內經濟免受中東地緣政治不穩定的影響。相反，政府透過在四年內削減 150 億澳元的 NDIS (國家殘疾保險計劃) 支出來追求財政鞏固，旨在遏制系統性低效，並在 2030 年前將參與人數從 76 萬人減少至 60 萬人。

The current fiscal posture emphasizes a transition toward structural tax reform and productivity-led growth while maintaining a cautious approach to inflationary stimulus.

目前的財政姿態強調向結構性稅制改革與生產力驅動增長轉型，同時對導致通貨膨脹的刺激措施採取謹慎態度。