Yahoo Finance Budget 2021 explained in numbers
More from Federal Budget 2021:
- Federal Budget 2021: What it means for you
- Budget 2021: Winners and losers
- AUSTRALIAN WOMEN: This is what the Budget delivered for you
- $14,040 over four years: Tax cuts at centre of Frydenberg’s Budget
- The verdict for pensioners, downsizers in Frydenberg Budget
- Huge superannuation changes in Federal Budget
$161 billion: National deficit this year (down by $52.7 billion from $214 billion in October 2020 Budget)
$617.5 billion: National debt
250,000: Number of new jobs this Budget aims to create
$255: The maximum tax offset you’ll receive if you earn $36,000 or less
$1,080: The maximum tax offset you’ll receive if you earn between $37,000 and $48,000, AND the offset you’ll receive if you earn between $48,000 and $90,000
$450 per month: Minimum income threshold to earn super has been scrapped
$41.30: How much your PBS script will cost
$23,226: Aussies earning below this are exempt from the Medicare levy
$17.7 billion: Aged care sector
$13.2 billion: NDIS scheme
$15 billion: Extra money for infrastructure projects
$2.7 billion: Apprentices and traineeships
$2.3 billion: Mental health
$2.1 billion: Aviation, tourism, the arts, international education providers
$2 billion: Preschools
$1.9 billion: Extra money for the roll-out of COVID-19 vaccines
$1.9 billion: National security, intelligence agencies
$1.7 billion: Childcare
$1.6 billion: Clean hydrogen, energy storage
$1.5 billion: Manufacturing
$1.5 billion: Extra money for COVID-related health services
$1.2 billion: Digital economy
$1.1 billion: Women’s safety
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