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Who will be the winners in Australia’s Federal Budget?
Australia’s Federal Budget is set to be unveiled in a couple of hours time, with the world watching to see how Australia plans to financially rebound from the pandemic.
The budget is set to see a huge boost to jobs, worth $550 million.
Here’s what we know so far…
- Lower Taxes, an aim at driving down the unemployment rate.
- 2.3 billion is set to boost mental health services. with almost 300 million going towards suicide prevention.
- Major focus on WOMEN’S health, with $354 million dollars, for breast and cervical cancer awareness, funding for reproductive health among other things.
- The hardest hit industry…. tourism and aviation will see a 1.2 billion dollar package.
- Single home buyers will see huge cash boosts and lower deposit rates.
- Clean energy set to see$566 million dollars towards low emissions technology partnerships.
TickerNEWS will be bringing you rolling coverage of The Federal Budget LIVE as it happens.