Federal Budget 2021-22


What does it mean for you? Commentary from our tax experts

This Budget is focused on securing Australia’s recovery. We examine the key announcements and how the Budget may impact you or your business.

Impacts on social and affordable housing

The Federal Government has announced it will provide $124.7 million over two years from 2021 to 2022 to support workers in the housing and homelessness sector. We look at the impact of the Budget announcements on the social and affordable housing sector.

Funds management regulation and reforms

There are two interesting announcements in the Federal Budget affecting funds managers. They relate to new investment vehicle structures and Australian financial services licensing of foreign financial services providers.

Impacts on sports and entertainment

In last night's Federal Budget, the Government announced a new reporting regime that will apply to not-for-profit sporting organisations. We discuss the impact and how you can start preparing for the new regime now.

What does it mean for the health, aged care, lifesciences and disability sectors?

The health and aged care sector was the recipient of significant funding in the Federal Budget (including the $17.7 billion aged care package), while substantial funding was also allocated to assist with the response to the COVID-19 pandemic. We break down what the budget will mean for the aged care, health, lifesciences and disability sectors.