Debtset – Bailiff-Sheriff Aust MEMBER Login
How to resolve AdBlock issue? ACS welcomes tax cuts for technology professionals, calls for more focus on AI
BUDGET REACTION – ACS, the professional association for Australia’s technology sector, has welcomed the Federal Government’s 2025 Budget which will see tax cuts to 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 ACS calls “integral to Australia’s innovation-driven economy”.
ACS chief executive officer, 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,” Mr Griggs said.
“As the Australian digital economy grows, ensuring ICT professionals are fairly supported financially is critical. 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,” he said.
“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,” Ms McHugh 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.”
Ms McHugh said ACS remained committed to supporting Australian technology professionals and looked forward to working with the Federal 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,” she said.
ACS represents more than 47,000 technology professionals across all industries nationwide. Its members work in industry, education, government, and the community delivering the digital services that drive the nation and provide the high-skilled jobs of today and tomorrow.
ACS – originally known as the Australian Computer Society, when founded more than 50 years ago – works to grow the technology sector while making sure IT professionals act ethically, responsibly, and in keeping with the best interests of not only their employers, but the wider community. ACS has branches in every state and territory, conducts its own innovation labs and education programs and works to help all Australians be part of the nation’s highest growth sector.
ends