Hear ye hear ye! The Australian Government’s 2025 Federal Budget has been released, bringing a range of changes that might impact manufactured home owners. While the budget covers many areas, we’ve highlighted some key measures that may be particularly relevant to land lease home owners.
Before we begin, this blog is general in nature and does not intend to provide financial advice. The impact of the 2025 budget will vary based on individual circumstances. Before making any financial decisions consult a qualified financial advisor for guidance tailored to your needs.
Not all land lease homeowners are retired. If you're still part of the workforce, the government's income tax cuts may provide some financial relief. Starting from July 1, 2026, tax reductions will come into effect, with further cuts planned for July 2027.
With rising costs of living, any relief on essential expenses is welcome. The government is extending rebates on electricity bills, with eligible households set to receive a further $150 discount applied automatically from July 1.
For those working in aged care, the budget includes an additional $88.3 million for wage increases in the sector. Additionally, $292 million will be invested over five years to implement recommendations from the royal commission into aged care. These measures aim to improve working conditions and the overall quality of aged care services, which may benefit those receiving care.
Several healthcare initiatives are included in the budget:
For those living in areas affected by natural disasters, the government is allocating an extra $1.2 billion towards recovery efforts following ex-Tropical Cyclone Alfred. This funding should assist and support measures to aid recovery efforts in affected communities.
The impact of these budget measures will depend on individual circumstances, including employment status, health needs, and where you live. Whether you are still in the workforce, receiving aged care services, or simply looking for relief from cost-of-living pressures, this budget includes a variety of initiatives that may be relevant to you.