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Treasurer Josh Frydenberg has handed down the 2021-2022 Australian Federal Budget tonight. And you can read the speech in full right here.
And if you’re interested in delving into the entire Budget yourself, you can find it here.
2021 Budget Speech
Australia is coming back.
Doctors and nurses on the front line.
Teachers and students in the virtual classroom.
Businesses, big and small, keeping the economy moving.
‘Team Australia’ at its best.
A nation to be proud of.
We have come so far since the height of the pandemic.
Treasury feared unemployment could reach 15 per cent and the economy contract by more than 20 per cent.
Australia is coming back.
Doctors and nurses on the front line.
Teachers and students in the virtual classroom.
Businesses, big and small, keeping the economy moving.
‘Team Australia’ at its best.
A nation to be proud of.
We have come so far since the height of the pandemic.
Treasurer Josh Frydenberg announced the Federal Budget 2021 speech on Tuesday May 11
Treasury feared unemployment could reach 15 per cent and the economy contract by more than 20 per cent.
This would have meant 2 million Australians unemployed.
It would have been the equivalent of losing the agriculture, construction, and mining sectors.
Mr. Speaker, today the reality is very different.
Liberal Party of Australia
Securing Australia’s recovery
Australia is coming back.
Doctors and nurses on the front line.
Teachers and students in the virtual classroom.
Businesses, big and small, keeping the economy moving.
‘Team Australia’ at its best.
A nation to be proud of.
We have come so far since the height of the pandemic.
Treasury feared unemployment could reach 15 per cent and the economy contract by more than 20 per cent.
This would have meant 2 million Australians unemployed.
It would have been the equivalent of losing the agriculture, construction, and mining sectors.
Mr. Speaker, today the reality is very different.
May 3, 2021
The Australian Taxation Office (ATO) is reviewing thousands of rejected JobKeeper applications made by small businesses, after announcing it will not appeal a full Federal Court decision that ruled in favour of a sole trader.
In an impact statement published Friday, the ATO said it “accepts the Court’s views” that the ATO Commissioner should have exercised discretion when refusing a sole trader’s application for JobKeeper on the basis that they did not have an active Australian Business Number (ABN) on March 12.
“The Commissioner acknowledges that there are entities who might be impacted by the decision and is committed to addressing any such cases as a matter of priority,” the ATO said.