2021 Federal Budget Australia

In this budget more than 148 million in additional funding is being provided for mental health supports to help individuals and communities through the pandemic.

2021 federal budget australia. Touted as the most significant federal budget in decades the government hopes that its delivery on 6 october 2020 sets the scene for a business led recovery out of the first recession in almost 30 years. Federal budget 2020 2021 the road to recovery will be hard but there is hope josh frydenberg. Touted as the most significant federal budget in decades the government s 2020 delivery sets the scene for a slow climb back to surplus and out of the first recession in almost 30 years.

This brings the total funding for mental health to 5 7 billion in 2020 21. Though the announcement included the good news that the migration program would remain unchanged at 160 000. Federal government budget 2020 2021 by putting money into businesses and cash into people s pockets the government is banking on australia emerging from the covid 19 pandemic in better shape than other national economies.

Make your money work with yahoo finance s daily newsletter. The australian federal government announced its 2020 21 budget this week including details of planned changes to its 2020 21 immigration program. The 2020 21 budget commits further response and recovery support bringing the government s overall support to 507 billion including 257 billion in direct economic support.

For more yahoo finance stories on the 2020 federal budget visit here. The government s economic recovery plan for australia will rebuild our economy create jobs and secure australia s future. In reality there was good news for individual taxpayers who will receive tax cuts and for welfare recipients who will receive two additional payment of 250 one in december 2020 and one in march 2021.

2 months ago 12. Australia visa quota big changes announced in 2020 2021 budget. Master builders australia has called for the government to extend the program for another 12 months in its october budget at an estimated cost of 1 3 billion.

The october 2020 budget was being built up by many as a budget for the ages.