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There’s something for everyone in the 2021 Australian Federal budget, with a range of policy measures unveiled across several key planks of business and the economy.
" Childcare subsidies worth $1.7bn to help boost labour force participation.”The high levels of spending have surprised many, showing a strong commitment to a new fiscal strategy of continuing to spend until the unemployment rate is below where it was prior to the pandemic.
You can see all the key details in our easy-to-read and easy-to-share infographic below.
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Adelaide Timbrell & Hayden Dimes are economists at ANZ
The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.
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anzcomau:Bluenotes/Economics,anzcomau:Bluenotes/Infographic,anzcomau:Bluenotes/Infrastructure
The budget in pictures
2021-05-12
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EDITOR'S PICKS
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From an equity perspective, the 2021 Federal Budget has taken the right steps.
2021-05-12 17:17 -
Speaking on video, the ANZ Chief Economist says budget pushes the fiscal boundaries – and is right to do so.
2021-05-12 17:09 -
Budget shows strong commitment to spend until unemployment is below pre-COVID-19 levels.
2021-05-11 17:05