Topic(s): Budget position improvement; Great Barrier Reef; Cost of living; Laura Jayes: Well, Australia’s COVID jobs boom has helped strengthen the budget bottom line by more than $8 billion over the first half of the financial year. The jobless rate is at its lowest level in 13 years, and more Australians are paying income tax…
Topic(s): Budget position improvement; Business support; Richard Colbeck; Michael Rowland: Latest data suggests strong jobs growth is improving Australia’s budget position after two years of heavy pandemic spending. For more the Finance Minister, Simon Birmingham, joins us now from Western Sydney. Minister, good morning. Simon Birmingham: Good morning, Michael. Great to be with you. …
Topic(s): Budget position improvement; Natalie Barr: Well, while the Commonwealth faces extra costs across health care, business and income support due to the pandemic, new figures show the budget position has strengthened by more than $8 billion this financial year. For more, I’m joined by Finance Minister Simon Birmingham. Morning to you. So these figures…
Topic(s): Budget position improvement; Business support; Richard Colbeck; Michael Rowland: Latest data suggests strong jobs growth is improving Australia’s budget position after two years of heavy pandemic spending. For more the Finance Minister, Simon Birmingham, joins us now from Western Sydney. Minister, good morning. Simon Birmingham: Good morning, Michael. Great to be with you. Michael…
Topic(s): Australian bottom line improvement; Business support; Employment; Great Barrier Reef funding; Ben Fordham: Now, a little bit of news on the economy, we’re starting to bounce back. Figures today show the brakes have come off. The government’s bottom line is improving beyond expectations. The budget bottom line has strengthened by 8.5 billion since restrictions started…
Date: Friday, 28 January 2022 KEY POINTS The Monthly Financial Statements for December 2021 report the budget position against the expected monthly profile for the 2021-22 financial year through to 31 December 2021, based on the 2021-22 Mid-Year Economic and Fiscal Outlook (MYEFO) estimates published in December 2021. The December 2021 year to date results include…