The Liberal Party's proposed tax measures, now likely to be included in the next federal budget, include expanding the immediate expensing for manufacturing and processing equipment and certain clean energy technologies.A new 20% tax credit for qualifying artificial intelligence projects will support small and medium-sized businesses that can demonstrate job increases.The income tax rate for the lowest personal income bracket will be reduced by one percentage point starting 1 July 2025, benefiting low-income earners.Clients should prepare for potential changes in tax credits and incentives, particularly in clean technology and critical minerals, which may impact their investment strategies. On 28 April 2025,...