The Australian Computer Society (ACS), the professional association for Australia’s technology sector, has welcomed the Federal Government’s 2025 Budget which will see tax cuts that will benefit thousands of professionals in the technology and computing sectors.
The tax relief measures, introduced as part of the 2025–26 Budget, will provide financial relief to IT specialists, software engineers, cybersecurity experts, and other digital professionals who are integral to Australia’s innovation-driven economy.
ACS CEO Josh Griggs applauded the initiative. “ACS welcomes these tax cuts as a positive step towards retaining and attracting the world-class technology talent that Australia needs,” he said.
“As the Australian digital economy grows, ensuring ICT professionals are fairly supported financially is critical,” Griggs added. “These measures will enable tech professionals to invest more in their careers, upskill, and contribute to Australia’s growing technology sector. However, ACS is concerned that the nation is not positioning itself to take advantage of the major changes artificial intelligence offers to the economy.”
“We would like to see greater government investment and incentives for the private sector that would see increased funding for developing skills, investing in local data centres, boosting AI sovereignty, and bolstering Australia’s cyber security readiness, particularly in the small to medium enterprise sector.”
ACS President Helen McHugh emphasised the importance of financial incentives for the tech workforce.”Our technology industry is a cornerstone of Australia’s economic future, and these tax reforms will ensure that our skilled professionals remain competitive in an increasingly globalised workforce,” she said.
“However, we encourage the Government to continue investing in STEM education, diversity, digital innovation, and infrastructure to complement these tax benefits so we can reap the benefits of this era of rapid change.”
ACS remains committed to supporting Australian technology professionals and looks forward to working with the government on building policies and programs that foster digital growth and innovation. In addition to tax relief, we hope to develop industry initiatives that will build the nation’s capability in skills development, cybersecurity funding, and digital infrastructure investment.
