Australian Federal Budget 2021-2022 Overview
IN BRIEF:
The Government emphasises spending to bolster economic recovery underway.
$161 billion deficit with net debt to peak at $980.6 billion by June 2025.
GDP growth forecast at 4.25% in 2021-22.
Unemployment expected to fall to 4.75% in mid 2023.
We know you’re busy so we’ve provided an infographic of key facts and figures below from the Chartered Accountants Australia and New Zealand.
Federal Budget Overview
Government emphasises spending to bolster economic recovery underway.
Full Budget Papers
If you want to know what the Federal Budget proposals mean for your business, access the full budget papers at www.budget.gov.au
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