Budget 2021-2022

Submarines, bushfire recovery and response to COVID-19 were some of the issues covered during Senate estimates hearings.

May 11, 2021

The Treasurer, the Hon Josh Frydenberg MP, outlined spending that was designed to ‘secure Australia’s recovery’ through the COVID-19 pandemic.

Introducing the Budget into the House of Representatives, the Treasurer described it as ‘A plan that continues to protect Australians from COVID. A plan that creates more jobs. A plan that guarantees essential services’.

Other measures in the Budget include $1.9 billion for COVID-19 vaccines, $2.3 billion for mental health care, $19 billion for universities and $1.1 billion for women’s safety.

In his Budget Reply speech the Leader of the Opposition, the Hon Anthony Albanese MP, was critical of the Budget, claiming that the government needed to encourage higher wages and promote manufacturing in Australia.

2021 saw a return to the practice of the Treasurer delivering the Budget on the second Tuesday in May. In 2020 COVID-19 restrictions prevented the Parliament from sitting in May and the Budget was presented in October.