** Jefferies highlights key takeaways from Australian government's FY25-26 budget, which includes several measures aimed at supporting consumers and businesses alike
** Budget includes tax relief, energy bill rebates and student loan debt reduction to boost demand, brokerage says
** Highlights budget's A$39 million to fight supermarket pricing practices and A$240 million for new supermarket openings
** Jefferies sees beer excise tax freeze until August 2027 as positive for hospitality and alcohol producers
** A$157 million allocation for tobacco industry enforcement to have positive impact on Viva Energy VEA.AX, Ampol ALD.AX, Coles COL.AX and Woolies WOW.AX, Jefferies says
** Brokerage views omission of A$20,000 asset write-off for small to medium enterprises as negative for Metcash's MTS.AX Total Tools, JB Hi-Fi JBH.AX and Harvey Norman HVN.AX
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
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