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Federal Budget 2021: What we know so far about government's big cash splash - Vimarsana News

Federal Budget 2021: What we know so far about government's big cash splash

Incentives to bring in best and brightest 9News has been told there will be tax incentives to lure the best and brightest overseas talent to Australian shores. Mr Frydenberg says the investments can be sustained thanks to a much-improved budget bottom line compared to what was forecast earlier this year. The deficit for the current financial year will be slashed by at least $30 billion – a progression which has been helped by record iron ore prices and a jobs boom as well. The budget is also banking on the Australian public opening their wallets and spending an estimated $130 billion wor...