Monthly Archives: December 2020

2020-21 NSW Budget: what’s in it for you?

The NSW government has released its 2020-21 Budget amid the COVID-19 pandemic. According to the Treasurer, Dominic Perrottet, a deficit of $16bn is forecast for the 2020-21 financial year, due to an increase in spending in relation to various temporary stimulus to help the economy recover and lower revenues. With these measures in place, the...
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2020-21 Victorian Budget: what’s in it for me?

The Victorian Treasurer has handed down the 2020-21 State Budget in challenging economic conditions. The government projects net debt will reach $87bn this year and will grow to $155bn by June 2024. Although the debt figures sound grim, according to the government, the interest costs over the next 4 years will not be burdensome, averaging...
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