The big-ticket items in this year’s budget 11 May 2021
Treasurer Josh Frydenberg has declared a raft of measures, aimed at keeping Australia’s economy on track post-COVID.
The 2020/21 federal budget has defined Australia’s recovery from the COVID crisis as its main priority, with the government’s plan being to create jobs, provide targeted support to businesses and suppress the spread of the virus through the roll-out of the vaccine.
The government is aiming to have a population-wide vaccination program to be in place by the end of the year, with all Australians to receive their two doses by December, but international borders and tourism are not expected to reopen until 2022.