The Treasurer released the 2021-22 Australian Government Budget on May 11 2021.
Framed as “Securing Australia’s recovery” in the backdrop of the lingering COVID-19 pandemic, fiscal policy has been set on course for a medium-term expansionary cycle.
This briefing paper presents the 2021-22 Budget highlights, focusing on:
■ Net debt
■ Revenue and expenditure over the forward estimates
■ Headline Policy decisions taken since the 2020-21 MYEFO, and
■ Key assumptions.
View briefing paper here.