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Budget documents. Overview documents highlighting the key measures from the 2024–25 Budget. Easing cost-of-living pressures. Responsible cost-of-living relief and helping Australians keep more of what they earn. Building more homes for Australians. Building more homes and better transport for cities, regions and suburbs.
- Budget Paper 1
Budget Paper 1 - Budget.gov.au | Budget 2024–25
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Budget Documents - Budget.gov.au | Budget 2024–25
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Downloads - Budget.gov.au | Budget 2024–25
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Overview - Budget.gov.au | Budget 2024–25
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Historical Budget documents are available for reference...
- Budget Paper 1
Apr 4, 2022 · The Federal Government has announced a $500 million extension of the Local Roads and Community Infrastructure Program in the 2022-23 Federal Budget, alongside record infrastructure investment, further disaster funding and financial aid for councils.
Overview. In 2022–23, the Australian Government general government sector recorded an underlying cash surplus of $22.1 billion (0.9 per cent of GDP). This Final Budget Outcome (FBO) reflects Australia’s highest ever surplus in nominal terms and the first since 2007-08.
May 13, 2024 · Aside from the revised stage 3 tax cuts, the revival of local manufacturing is the other centrepiece of the government's budget this year.
- Things Are Better Than We Thought
- Costs Are Going Up, But The Government Says We Can Afford It
- The Long Shadow of Covid-19 Remains
- Another Budget Devoted to Health
- A Necessary Debt, But Cautious Optimism
First, the good news: the territory is faring better than expected. In October last year, ACT Chief Minister Andrew Barr delivered a sombre economic update. An outbreak of the Delta variant of COVID-19 had forced a lengthy lockdown, leading to a $951.5 million deficit. But, according to the budget papers, that position has improved, with the defici...
Over the past two years, many costs have been mitigated or put on pause by the government to ease financial pressures brought about by the COVID-19 pandemic. But those measures are gradually ending. A pause on an increase to government paid parking is set to end, which means Canberrans will notice a jump in prices. Home owners will also notice an i...
Canberra is experiencing strong economic growth. And, as industry booms, there are a lot of jobs up for grabs. But budget papers reveal China's ongoing lockdowns to mitigate the spread of COVID-19 are having far-reaching effects, including on the ACT's economy by limiting the arrival of workers. And with Omicron sub-variants running rampant, this l...
Healthcare is, predictably, a major focus of this budget. Record levels of COVID-19 patients, illness within the healthcare workforce, long emergency department wait times and a shortage of specialist doctors are not new problems for the government. But how to solve them remains less of a sure thing. The budget papers list a number of funding annou...
Throughout the pandemic, the government drove economic growth through infrastructure, and the zest for building shows no signs of slowing down. Mr Barr said the government was prioritising a few key areas as part of a $7 billion five-year infrastructure program — $1.4 billion in 2022-23 — including health, education, and emergency services. "These ...
The following figures use data from Budget Strategy and Outlook: budget paper no. 1: 2022–23 to show the Australian Government’s major sources of revenue and key areas of expenditure by selected Government Finance Statistics functions.
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May 9, 2021 · Didn't we just have a budget? Yes. Last year's federal budget was held in October due to the uncertainty of the coronavirus pandemic. The budget is usually handed down on the second Tuesday in May.