Budget 2021 summary: is Australia’s federal budget a band-aid, an apology or an election campaign?

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The 2021 budget is not the women’s budget, or the aged care budget or the mental health budget. It’s more like a buffet budget, says political reporter Amy Remeikis, with a bit of something for everyone without a cohesive theme – and a lot of rosy assumptions. Here is an overview of what you need to know about the 2021 Australian federal budget

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Australian budget news and reaction – https://www.theguardian.com/australia-news/live/2021/may/12/australian-politics-live-budget-2021-josh-frydenberg-coalition-tax-cuts-environment-aged-care-clean-energy-universities-coronavirus

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27 COMMENTS

  1. Approaching retirement and I'm sort of marooned in labour hire… which is okay in normal times, but the last year has seen hours cut to less than half. I'll stumble over the line in about seven months, but my heart goes out to young people, especially (but certainly not limited to) young newlyweds with young'uns trying to break into the housing market. I wish they could experience the working class boom times I was lucky enough to live through, like in the early 70s fair dinkum some factories had spruikers out the front trying to coax workers inside, that was at the tail end of when you could still buy a humble house and raise a family on one fairly modest but adequate wage.

  2. It’s the ‘political damage’ budget. I used all super to flee domestic violence. Awesome- not!! No idea how they are going to pay for any of it.

  3. if this is an apology budget or an election budget its a bad one, I'd call this a disaster budget at best. not that I expect it to get anything but positive coverage.

  4. I've had a 20k pay cut. Lost my gig the only thing I've been able to get is 50ish k kind of. yay.

  5. Trying to relate this report to most of the comments here is puzzling, most are just using it as a forum to have a whinge or make political statements, anti government of course. Any real understanding of the reporter's report is obviously lacking or of no interest.

  6. At this point, there are 55 people who are either greedy, selfish, "what's in it for me", "I'm OK Jack stuff the rest of you", well off slime ….. or ….. just so intellectually bankrupt that they actually think … nay … wrong word ….. "believe" that they are a part of that power tripping, manipulative, corrupt mob. BUT!!! there's hope!!!! 75% (roughly) of all those leaving either a thumbs up or a thumbs down, can see the truth in this video. Well done to those 75% (roughly) of people who are not part of the ….. either greedy, selfish, "what's in it for me", "I'm OK Jack stuff the rest of you", well off slime ….. or ….. just so intellectually bankrupt that they actually think … nay … wrong word ….. "believe" that they are a part of that power tripping, manipulative, corrupt mob

  7. Short termism which gets votes could cause a real issue for democracy's. No tax increases, more government spend, less productive and more dependents, more debt and burden for future generations until young people leave in droves or the whole thing just collapses.

  8. Hey they missed out on cutting funding to the ABC! I guess they are saving that up for the next budget which will be after the next federal election that's coming to a state near you. I smell an election in the air or did Scomo and the treasurer just fart in unison?

  9. Well my take is the true blue response – She'll be right mate! If people take a step back and look at the rest of the globe's economic woes Scotty and his buddies have done bloody well. There has not been one single budget since 1901 that makes everyone happy. I love how this girl talks wage rises …love I have not had a pay rise since before labor last got in!

  10. I wasn't expecting a "women's" budget, or a men's one.
    The economic disaster caused by Guardian-supported mass house arrest will have to come home to roost eventually.

  11. I pity the journalists who have to endure Budget Lockup, having to sort through the spin and omissions then have to pretend they know everything about it for their reportage.

  12. The funny thing is gov cot off budget to aged care, but still increase the standard of quality of aged care! Is gov really dreaming?

  13. What we need to know:
    Those glorious bastions of financial expertise, the liberal government couldn't run a profitable chook raffle.

    What happened to our triple A rating during a world recession? Oh that's right, we voted out that Government.

  14. In a national emergency the deficit can be a problem to be solved on another day. It can buffer out the impact of the pandemic disaster over a decade rather than over a year or two.

  15. Will spending be ongoing…? It will ‘appear’ to be occurring up until the election and then a miracle cause will cause it to disappear – as usual…! Perhaps into seats where desperate votes are required to support failed/failing LNP candidates – the #rortswamp 🤷‍♂️

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