The 2021 federal budget reveals huge $311bn cost of Covid to Australian economy

Massive health and economic measures to tackle the pandemic have helped plunge the budget into deficit

The government has committed to spend a total of $311bn to fight Covid-19, including $20bn on health support and $290bn in economic stimulus.

According to Tuesday’s budget papers, the government has spent an extra $41bn on economic support and $3bn on health since December’s mid-year economic update.

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from The Guardian https://ift.tt/3hjx9WS
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