The Federal Budget is a delight for the economics nerd … here's the key to understanding the key numbers.This is a percentage of the adult population who are unemployed. It does not include people who are retired, caring for family or children, or those not looking for work for various reasons.
Deficit is when the government's spending outweighs the amount of money that is coming in . The underlying cash deficit in 2020-21 is expected to be $213.7 billion.Net debt is the government's debt minus its financial assets . Net debt is considered important because it is the end result if – theoretically – the government had to sell all of its stuff to pay off debts.
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Federal Budget 2021: International travel ‘assumption’ included in federal budgetAussies itching to book an overseas holiday will be eagerly watching the federal budget, after Treasurer Josh Frydenberg hinted that more news about the travel ban would be announced tonight. No one including the Treasurer knows when full international travel will resume 😉 Advert. 2025 is my uneducated reckoning. The budget is irrelevant when it comes to pandemic speculation.
Source: newscomauHQ - 🏆 9. / 77 Read more »
Budget 2021: Josh Frydenberg unveils a federal budget to 'secure Australia's economic recovery'Treasurer Josh Frydenberg has handed down this year's federal budget, which includes big spending commitments on aged care, mental health and disability support. You can stay up to date on the SBS News live blog.
Source: SBSNews - 🏆 3. / 89 Read more »
Federal Budget 2021 Winners and Losers: The Aussies set to cash in on new policiesFrom tradies to travellers, here&x27;s who won and lost in the government&x27;s biggest cash splash of the year. 270 billion for weapons... And not 1 dollar for additional quarantine facilities around the country. Epic FAIL More money but no accountability for where it’s spent! 2023 before staffing changes! No RN 24/7! Just makes the providers richer! NO CHANGE NOW! SHAME ON YOU SCOMO SHAME! When? 2023? Or beyond that C’mon facts!
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Federal Budget 2021 Winners and Losers: The Aussies set to cash in on new policiesFrom tradies to travellers, here&x27;s who won and lost in the government&x27;s biggest cash splash of the year. Biggest loser yet again, Aged Care! Nothing changes! Shame on you Scomo, Shame!
Source: 9NewsAUS - 🏆 10. / 72 Read more »
2021 budget will be a ‘Morrison-keeper budget’: Plibersek | Sky News AustraliaShadow Minister for Women Tanya Plibersek says the 2021 federal budget will be a “Morrison-keeper budget” focused on fixing political problems of the government’s making. \n\n“It will be all designed around short-term spending, big dollars to deal with political problems of the government’s own making,” she said. \n\n“Take aged care for example, Scott Morrison was the treasurer who cut $1.7 billion from aged care, he was warned at the time it would be catastrophic for the system – it turns out it was catastrophic.\n\n“So now the government’s going to fix a political problem of its own making.\n\n“What we expect - is a as usual from this government - big flashy headline, they’ll do really well with the advertising and then it will be Ts and Cs may apply.' \n tanya_plibersek Well she IS in opposition! tanya_plibersek tanya_plibersek What that National deputy Micheal McCormack kiwi bred staff member! Aussies is he a piece of !!! Or A prize efferin wit?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Federal budget 2021 LIVE updates: Women, aged care and skills on the agenda as Frydenberg prepares to hand down federal budgetTreasurer JoshFrydenberg is set to deliver this year's budget, with aged care, skills and women's safety expected to feature prominently. Follow our rolling coverage | latikambourke AusPol Budget2021 JoshFrydenberg latikambourke Full of promises but no delivery JoshFrydenberg latikambourke JoshFrydenberg latikambourke Watch JoshFrydenberg try to hoodwink Aussies again
Source: theage - 🏆 8. / 77 Read more »