2021-2022 Federal Budget

In response to COVID-19 last year, Australia kept infections, hospitalisations and deaths low in comparison to most other countries. 

During this time, the Government had to take important measures during the first recession in almost 30 years. 

The economy has greatly recovered since the COVID-19 recession and is set to return to pre-pandemic levels soon.

This Year’s Budget - The Outline

According to the 2021 Budget, it aims to take the next steps in securing Australia’s economic recovery by creating more jobs, guaranteeing essential services and building a country that is more resilient and secure.

This will be achieved by:

Key Highlights

Here are the key takeaways from the Budget:

More jobs to build the economy

Promising essential services

A massive focus on women

Making Australia more resilient and secure

For more information on how the Budget may benefit you, contact us at Wagtail Wealth today.

IMPORTANT NOTE: This information is general advice only and does not take into account your personal circumstances, goals and objectives. Therefore, you should consider its appropriateness for your circumstances before acting on this information.

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