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Budget 2021

BUDGET 2021: Five key things

Paul McBeth
Fri, 21 May 2021

Paul McBeth
Fri, 21 May 2021
BusinessDesk looks at five key things in the 2021 budget.BenefitsThe shake-up to social welfare with increased benefits across the board and the return of indexation for childcare assistance is the cornerstone announcement in this year’s budget, giving the prime minister a tangible policy response to fears of widening inequality and making inroads into alleviating child poverty.It also unwinds the 30-year experiment of Ruth Richardson’s mother of all budgets in 1991, lifting them back to where they were prior to that overhaul.The Ch...

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