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Australia ends tax breaks for gambling operators
Starting July 1, 2025, Australia will no longer give gambling operators tax breaks for research and development.
Announced in the Mid-Year Economic and Fiscal Outlook (MYEFO), this move aims to prevent taxpayer money from supporting projects that could fuel gambling addiction. This change targets big names like Tabcorp, Aristocrat Leisure, and PointsBet, which have previously claimed millions in R&D tax credits. While these companies argue that breaks fuel and encourage innovation, critics find that it sometimes can increase gambling addiction.
Jim Chalmers, Australia’s federal treasurer, said:
“Research and development activities related to gambling can exacerbate addiction and associated harms. Excluding them will ensure that the government does not subsidize this type of R&D.”
Public health advocates support the change, especially since recent data revealed Australians lost AU$1,555 ($1,047) per person on gambling in 2022-2023—an 11.5% jump from the previous year.
Kai Cantwell, Responsible Wagering Australia’s chief executive officer, commented:
“The government’s announcement sets a dangerous precedent for how tax policy could be misused. If I represented fast food, alcohol, fossil fuels, or any other industry facing similar criticisms, I’d be worried.”
The government’s message is clear: public money shouldn’t fuel gambling-related harm. This move reflects growing efforts worldwide to tighten gambling regulations and reduce addiction.
FAQs
Is gambling legal in Australia?
Gambling in Australia is legal and regulated by both the state and federal governments.
What is the legal gambling age in Australia?
The legal gambling age in Australia is 18.
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