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Early super access desirable for over half of Australians

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superreview.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from superreview.com.au Daily Mail and Mail on Sunday newspapers.

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Watch live: Frydenberg to hand down federal budget


Politics
by David Aidone, staff writers
11th May 2021 12:00 AM
Premium Content
Subscriber only
Treasurer Josh Frydenberg is set to hand down this year s budget from 7.30pm AEST, with billions of dollars expected to be spent on getting people back to work more than a year into the global pandemic.
Those in aged care and working parents are tipped to be the big winners.
From childcare subsidies to an infrastructure cash splash, here s what we already know is in it:
ECONOMY
A post-COVID jobs boom is set to slash the forecast budget deficit by $53b this year.
According to The Australian, the budget deficit for 2020-21 will be $161bn compared with the $213.7bn forecast in the October 6 budget. ....

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Federal Budget 2021: Your two-minute guide


Treasurer Josh Frydenberg has said Australia is coming back as he unveiled a Federal Budget aimed at steering Australia out of the COVID-19-induced recession amid massive spending on essential services.
The deficit of $161 billion for 2020-21 is $52.7 billion better than forecast in last year s October 6 Budget.
The forward estimates have the deficit falling to $106.6 billion next year and down to $57 billion in 2024-25, but the deficits are predicted to continue for at least the next decade – a far cry from the back in black celebrations of just two years ago.
WINNERS AND LOSERS:
Federal Budget 2021: The key figures(Graphic: Tara Blancato) ....

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