21st Annual Australian Budget Review 2025
Special Edition: Australian Election & Trump Tariffs
On Tuesday 25th March 2025, Treasurer Jim Chalmers delivered the 2025-26 Australian Federal Budget early due to the prospect of an early decision to call the election. Soon after Prime Minister Albanese called the Federal Election for the 3rd May 2025 and led Labor to a resounding second term victory.
Whilst the Budget delivered some expected voter pleasing policies, such as personal income tax cuts, increased Medicare bulk billing, and cost of living relief, it has generally been viewed as underwhelming, despite record revenues.
In recent times, the mayhem of the Trump Tariffs, stirring global economic uncertainty and stock market volatility around the world has added an interesting layer that impacts everyone and will have a bearing on how the newly elected Government will deal with the Trump Administration. What is apparent, is a shift in USA International policy of "doing the right thing" being replaced with "doing it for the right price".
Are the tariffs going to achieve the goals of the Trump administration or are we headed for years of chaos? Were the tariffs really necessary and are there legal grounds to impose them? And will the goals of the tariffs match reality?
As a special 30th year celebration of the SMATS Group of companies, we invite you to watch our 21st Annual Australian Budget Review, presented by Steve Douglas, to gain insight into:
- Key insights into the Federal Budget announcement
- Analyse the economic responses and new initiatives
- Review the revenue and expenditure priorities
- Evaluate how the budget may shape the economy and property markets
- The budget impact on Australians, expats, intended migrants and investors
- Review of the ongoing impact of Trump's Tariffs.
We trust you will enjoy the presentation and welcome you to share it with your friends and associates.

Executive Chairman, SMATS Group
Steve has been featured in articles by the Australian Property Investor Magazine, Singapore Business Times, South China Morning Post, Australian Entrepreneur Magazine, Benchmark, Western Australian Property & Investment and Property Link magazine.
Steve wrote the book “the Aussie Expat – The Luckiest Person on Earth” which has sold more than 10,000 copies worldwide. In 2009, Steve was recognised as one of the leading 50 Australians in Asia by Advance and invited to participate in the Advance Asia 50 Summit and in 2010 was awarded the Singapore AustCham Entrepreneur Award and in 2017 Steve was The Finders "Expatreneur Awardee 2017".


Australasian Taxation Services
ATS can ensure you gain a full understanding of your Australian tax obligations and opportunities.
- Specialised tax planning for Australian expatriates, retirees and property investors
- Full understanding of Australian and international tax issues
- Annual tax return preparation
- Unique tax planning software modelling
Top 100 Accounting Firms - Australian Financial Review 2019-2020
Property Tax Firm of the Year Australia - Finance_Monthly Awards 2015-2019
Most Outstanding for Expat Australian Tax Planning - AI Global Excellence Awards 2015-2021
Best in Property Tax Australia - AI Accounting, Audit & Tax Awards 2015-2020
Best for Expat Australian Tax Planning - AI Accounting, Audit & Tax Awards 2015-2021
UAE Business Awards – Best Australian Expatriate Property Tax Firm 2018-2019
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DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd. Liability limited by a scheme approved under Professional Standards Legislation. Australasian Taxation Services Pty Ltd (ATS) - ABN 60 068 961 400 | Registered Australian Tax Agent 62364000. COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content’s copyright notice. For permission to use the content on please contact info@smats.net.
