Australia’s regular budget process still required a separate supply package so government entities could keep operating from 1 July 2025 before the full-year appropriation bills were enacted, with this bill covering non-annual spending such as assets, loans and other liabilities. The bill responded by releasing interim funding, allowing limited urgent top-ups by the Finance Minister and supporting some payments to states and territories, then became law in late March 2025 so those arrangements were in place ahead of the new financial year.
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25 Mar 2025
Government says a supply package is needed for the start of 2025-26
In the second reading speech, the government said the bill would provide about five-twelfths of 2025-26 estimates so programs and obligations could continue from 1 July 2025 before full appropriations passed.
Hansard ↗
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25 Mar 2025
House passes the bill
The House completed all stages of the bill on the day it was introduced, advancing the interim funding measure without delay.
Parliamentary timeline ↗
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26 Mar 2025
Parliament passes the bill
After moving through the Senate, the bill passed both houses in the same form, completing its parliamentary passage.
Parliamentary timeline ↗
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27 Mar 2025
Royal AssentThe formal step that turns the passed bill into an Act of Parliament. turns the bill into law
Royal AssentThe formal step that turns the passed bill into an Act of Parliament. on 27 March 2025 made the supply arrangements law well before the 2025-26 financial year began.
Parliamentary timeline ↗
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01 July 2025
Interim funding period is set to begin
From 1 July 2025, the Act was intended to let the Commonwealth keep meeting non-annual spending commitments and some payments to states and territories at the start of the financial year.
Hansard ↗