The Economic Times News

Australia enters 2026 with major household changes: Cash mandates, higher payments, and more, heres everything you need to know about the changes coming into effect

Australia ushers in 2026 with significant economic and social reforms impacting household budgets and essential services. Key changes include increased welfare payments, a cash mandate for retailers, and cheaper medicines under the PBS. However, energy bill discounts end, and Medicare safety net thresholds rise, while a new Centre for Disease Control is launched.