Federal budget 2026 winners and losers: rich families, overseas travellers and illegal tobacco – summary
<p>Taxpayers and first home buyers are the winners in Labor’s 2026 budget, while rich families could be among the losers. Find out who is better off and who is worse off in Chalmers’ budget</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/may/12/budget-
How it's being covered
Methodology →Covering this story
Sorted left → rightAlso happening today
All today →Vesak
The most sacred day in the Buddhist calendar, marking the birth, enlightenment, and death of Gautama Buddha. Observed across Southeast Asia, Sri Lanka, and wherever Buddhist communities gather.
+2National Limerick Day
May 12th is Edward Lear's birthday — the Victorian poet who popularised the limerick form in his 1846 Book of Nonsense. The limerick's AABBA rhyme scheme is believed to date to 14th-century French poetry, but Lear made it immortal. A man from Nantucket famously misunderstood the assignment.
+1Saint Andrew the First-Called Day
Saint Andrew the First-Called Day is observed in Georgia (წმინდა მოციქულის ანდრია პირველწოდებულის საქართველოში შემოსვლის დღე). Recognized nationally.
International Nurses Day
Marks Florence Nightingale's birthday and the work of everyone who's ever held a hand through a 3 AM crisis. Buy a nurse a coffee.
