7NEWS Special: Federal Budget 2026 – Big calls, big changes: what the budget means for you.
Turn to the Seven Network’s 7NEWS for complete coverage of one of the most significant Federal Budgets in decades, as Treasurer Jim Chalmers hands down his fifth budget on Tuesday, 12 May.
7NEWS’ comprehensive coverage begins at 6.00pm, analysing the major changes set to hit Australians and what they will mean for hip pockets and mortgages.
Breaking updates from Canberra will roll out across Seven and 7plus throughout the night, as the Budget is handed down from 7.30pm.
At 9.00pm, join 7NEWS Chief Network Anchor Michael Usher, 7NEWS Chief Political Editor Mark Riley and a panel of Australia’s leading economists and political insiders for a one-hour 7NEWS special, diving deep into the numbers and the impact they will have on households.
7NEWS viewers will not just be watching, they will be part of the conversation, putting the real questions Australians want answered directly to the Government.
With sweeping changes expected to key tax settings including negative gearing and capital gains tax, Mark Riley will use his three decades of experience in the Federal Press Gallery to hold Treasurer Jim Chalmers to account on the decisions shaping the nation’s economic future.
Riley said:
“This is a massively important Budget in a time of war, one of the worst oil crises the world has seen and with inflation again rearing its ugly head above family budgets.
“Jim Chalmers has promised to revive young Australians’ dreams of buying their own home without unfairly penalising older generations of taxpayers and to provide cost of living relief without further fuelling inflation. It’s a dangerous balancing act.”
Seven’s Director of News and Current Affairs, Ray Kuka, said:
“This is one of the most consequential Budgets in years, and Australians deserve clear, immediate analysis on what it means for them. With the most experienced team in Canberra, we’ll deliver fast, authoritative coverage our viewers can trust.”
Seven’s extensive coverage continues from 5.30am Wednesday, 13 May, on Sunrise, breaking down the Budget’s winners and losers.
Australians can also turn to 7NEWS.com.au for up-to-the-minute Federal Budget analysis and insights right throughout the night.
7NEWS Special: Federal Budget 2026 – 9.00pm Tuesday on Seven and 7plus
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Media Release – Seven
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7NEWS Special: Federal Budget 2026
