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2021-22 Australian Budget overview

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.

Joseph Caruana