The Australian federal budget for 2026 introduces several key changes affecting various groups. Working Australians will receive a permanent tax offset of up to $250 starting from the 2027-28 income year, alongside a reduction in tax rates for lower income brackets. Public servants will see an increase in staffing levels, while commercial broadcasters benefit from a temporary suspension of the commercial broadcasting tax, costing taxpayers $111.3 million over five years. However, rich families will face new taxes on discretionary trusts, contributing an estimated $4.5 billion annually to government revenue. Overseas travelers will see an increase in the passenger movement charge from $70 to $80 by January 2027, generating an additional $210 million for the government. The budget also anticipates a rise in unemployment to 4.5%, leaving many job seekers without immediate relief. While first home buyers may benefit from reforms aimed at reducing property investor competition, renters are expected to face increased rent costs.