The 2026 Budget was introduced to Parliament on 25 November 2025 by the Hon. Ian Ling-Stuckey. The theme was “Security with Growth” and comes at a pivotal moment when the country celebrates its 50th independence anniversary. This budget is designed to be a confident, forward-looking budget that leverages PNG's inherent strengths to drive inclusive growth.
The introduction of the new Income Tax Act from 1 January 2026 will mean that the business community, more than ever, needs to be aware of tax changes taking place.
We hope you enjoy our commentary contained in our Budget Alert. We would welcome your feedback.