The Albanese administration has implemented modifications to its fiscal strategy and is managing fluctuating migration data and disability service reforms amid significant political opposition.

艾巴尼斯政府已對其財政策略進行了修正，並在面對強烈政治反對的情況下，處理波動的移民數據與身心障礙服務改革。

The federal government has executed a recalibration of the May budget's tax measures to mitigate stakeholder opposition. Specifically, the turnover threshold for small business capital gains tax concessions has been elevated from $2 million to $10 million, and testamentary trusts have been granted exemptions from the proposed 30% minimum tax. While the administration characterizes these adjustments as a balanced response to consultation, the Coalition and One Nation describe the measures as insufficient or indicative of policy failure. The financial impact of these concessions is estimated at $475 million over the forward estimates, a figure the government maintains does not compromise the broader objective of improving housing accessibility for younger demographics.

聯邦政府已重新調整五月預算法案的稅務措施，以緩解利益相關者的反對。具體而言，小企業資本利得稅優惠的營業額門檻已從 200 萬美元提高至 1,000 萬美元，且遺囑信託被授予豁免擬議的 30% 最低稅率。儘管政府將這些調整描述為對諮詢的平衡回應，但聯合理盟與「一國黨」則認為這些措施不足，或顯示出政策失敗。這些優惠的財務影響預計在預測期內達 4.75 億美元，政府堅稱此數字不會損害改善年輕族群住房可及性的更廣泛目標。

Simultaneously, the administration is navigating the complexities of Net Overseas Migration (NOM). Recent Australian Bureau of Statistics data indicates a NOM of 301,000 for 2025, representing a decline from post-pandemic peaks but remaining above the long-term average of 225,000. The government asserts that migration levels are moderating, whereas the Coalition argues that the persistence of figures above 300,000 for 14 consecutive quarters demonstrates a failure to control population growth relative to infrastructure and housing capacity. This data coincides with a policy platform from One Nation advocating for a monocultural society and a stringent cap of 130,000 visas annually.

同時，政府正在處理淨海外移民 (NOM) 的複雜問題。澳洲統計局最近的數據顯示，2025 年的淨海外移民人數為 301,000 人，雖較疫情後的高峰有所下降，但仍高於 225,000 人的長期平均值。政府主張移民水平正在放緩，而聯合理盟則認為，連續 14 個季度人數維持在 30 萬以上，證明政府未能將人口增長控制在基礎建設與住房容量的範圍內。此數據與「一國黨」主張單一文化社會及每年 13 萬張簽證嚴格上限的政策平台相呼應。

Furthermore, the government is pursuing a restrictive overhaul of the National Disability Insurance Scheme (NDIS) to curb expenditure growth, targeting a 2% annual increase over the next four years. This initiative involves mandatory provider registration and a reset of funding for community participation. These measures have elicited concerns from service providers and participants regarding the potential for reduced accessibility and the imposition of administrative burdens that may jeopardize independent living outcomes for recipients.

此外，政府正對國家身心障礙保險計劃 (NDIS) 進行限制性改革以遏制支出增長，目標是將未來四年的年度增幅控制在 2%。此舉包括強制服務提供者註冊，以及重新設定社區參與的資金。這些措施引發了服務提供者與參與者的擔憂，認為可能會降低可及性，且增加的行政負擔可能會危及受助者的獨立生活成果。

The government currently faces a period of intense legislative negotiation to secure the passage of its tax and NDIS reforms before the July parliamentary recess.

政府目前面臨一段激烈的立法協商期，以確保其稅務與 NDIS 改革方案能在 7 月議會休會前獲得通過。