CIE 2021-22 Australian Budget overview

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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, focussing on:

  • Net debt

  • Revenue and expenditure over the forward estimates

  • Headline Policy decisions taken since the 2020-21 MYEFO, and

  • Key assumptions.


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