Budget 2020–21 . Treasurer Josh Frydenberg during the delivery of the 2020 federal budget in the House of Representatives on 6 October, 2020 in Canberra, Australia. Download Budget 2020–21: Budget at a glance: Budget 2020-21: Budget at a glance as PDF - 171 KB, 1 page We aim to provide documents in an accessible format. Our Economic Recovery Plan for Australia will create jobs. Australia is expected to have a debt-to-GDP ratio of 35.7% by 30 June 2021. Budget Review 2020–21 Index. Budget 2020–21: Prioritising mental health, preventive health and sport . Australia’s treasurer, Josh Frydenberg, delivers his 2020 budget speech in the House of Representatives on Tuesday. Tue 6 Oct 2020 05.37 EDT. The 2020-21 Federal Budget, in Prime Minister Scott Morrison’s own words, is the “most important since the Second World War”. Last modified on Tue 6 Oct 2020 … BUDGET PAPER 3: BUDGET STATEMENT A financial report presenting the state government’s current and Australian budget 2020: Treasurer forecasts net debt to reach just under $1 trillion – video. Evacuees at the Australian immigration detention centre on Christmas Island in February. These measures are designed to support all Australians recover from impacts of COVID-19 and recent natural disasters. 2 | AUSTRALIAN DEVELOPMENT BUDGET SUMMARY 2020–21 PACIFIC Australia’s COVID-19 response is building on our Pacific Step-up, which is helping to support economies, build resilience and enhance regional stability. Australians may be worried about the sheer amount of debt … Australia: 2020-2021 Federal Budget Briefing 07 October 2020 . New is not new in Australia's federal Budget. Federal Budget 2020 reveals Australia headed to record debt of almost $1 trillion. Why the futures of millions hang on the 2020 budget. Federal Budget 2020-21 Technical Analysis and Insights. The 2020 Federal Budget was handed down on 6 October, setting out Australia’s economic and fiscal outlook for the coming year. Australians will be encouraged to holiday at home and develop COVID-safe Australia Day events under a range of budget measures. The 2020-21 Federal Budget announcement marks a welcome significant step in the Government’s efforts to encourage investment in Research and Development (R&D) activities by companies in Australia, create jobs and help businesses manage the economic impacts of the COVID-19 pandemic. Federal Budget 2020: Why Australia’s record-breaking debt isn’t as bad as it seems. The most important budget in more than 60 years has been handed down, with the Federal Government zeroing in on one thing post-COVID-19: jobs. Australia’s Official Development Assistance (ODA) will remain at $4 billion in 2020–21, down $44 million from last year and in line with the Government’s freeze on aid funding expected to remain in place until 2022–23.. by Andrew Logie-Smith. The economic impact of COVID-19 and the steps taken to support businesses and individuals through the pandemic to date have resulted in ballooning government... Federal Budget 2020 | PwC Australia Podcast. The Federal Budget can make meaningful impact through cyber in these key areas: An Australian federal budget is a document that sets out the estimated revenues and expenditures of the Australian Treasury in the following financial year, proposed conduct of Australian government operations in that period, and its fiscal policy for the forward years. Logie Smith Lanyon Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. Budget 2020 Treasurer's Budget Speech: PDF: 383.65 KB: Budget 2020 Overview: PDF: 2.56 MB: Record Health and Aged Care Investment : PDF: 428.35 KB: Supporting Veterans' mental health and employment: PDF: 574.88 KB: Mental Health Australia Budget Summary 2020: PDF: 781.3 KB: Mental Health Australia Budget Analysis: PDF: 2 MB ©Government of South Australia 2020 BUDGET PAPER 1 : BUDGET OVERVIEW A summary publication capturing all highlights from the 2020–21 Budget. The federal government’s 2020 budget provides $55.6m over the next year to reactivate the facility. The Morrison Government remains committed to keeping Australians safe, while protecting the nation’s interests as part of Australia’s COVID-19 Economic Recovery Plan, in a rapidly changing global environment. By political correspondent Brett Worthington. A collection of fact sheets from the 2020–21 Budget. Importantly, the Government has taken the move to use this Budget to rethink its most … Decisions taken in this year’s Budget will provide over $50 billion in tax relief over the forward estimates, including around $9 billion in tax relief in 2020‑21 and an additional $32 billion in 2021‑22 If you're having problems using a document with your accessibility tools, please contact us for help . We will support the delivery of critical health and education services, budget … Budget 2020-21—Protecting and preserving Australia's environment 6 October 2020 Minister for the Environment Sussan Ley said the 2020-21 Budget will deliver key outcomes in protecting our oceans, preserving national parks and heritage areas, transforming the nation’s waste industry as well as continuing critical wildlife and habitat restoration. However, Australia compared to other countries around the world still has a low level of debt-to-GDP compared to other countries. With an election having taken place barely a month ago, the Queensland Government’s budget for 2020-21 confirms the funding of various election commitments, including the construction of innovative new satellite hospitals to ease the burden on the state’s acute care facilities. Ian Verrender: Budget 2020 relies on business to pull Australia out of its recession Or if you're short on time, try these: Federal Budget 2020 winners and losers The 2020 Australian federal budget is the federal budget to fund government services and operations for the 2020–21 financial year. Fact sheets and other health, aged care and sport information from the 2020–21 Budget. Tuesday's federal budget will determine the economic trajectory of Australia and the political fortunes of … Australia Budget 2020: What To Look Out For. Dr Angela Clare. A summary of the budget deficit announced in July 2020. The upcoming Federal Budget presents a timely opportunity to implement the initiatives set out in Australia’s Cyber Security Strategy 2020 and ensure we have the right priorities in place to uplift security and resilience, and drive sustainable change. Guardian staff. 1601982840 By ROBYN IRONSIDE October 6, 2020 Our plan will guarantee the essential services Australians rely on. The 2020-21 Queensland Budget sees the government continuing its focus on jobs and health. The budget was presented to the House of Representatives by Treasurer Josh Frydenberg on 6 October 2020. Budget 2020: Australia's cyber dollars are full of stale hot air. This gives Australians the opportunity to work, the freedom to spend and invest, and rewards their effort. 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