Federal Budget 2021: How it affects an ordinary Australian family For many, poring over the details of the Federal Budget every year is a torturous exercise best left to economists and media pundits. The real impacts of the government's biggest one-day policy announcement aren't felt until they reach the suburbs, where real Australians are struggling with the struggles and costs of living and working. Little care is given to the political implications of supporting gas exploration, with the cost of nappies far more pressing than the national debt. With that in mind, here's how the 2021 Federal Budget could help or hinder an average Aussie family.