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ARTICLE · 21 MAY 2021

What does the Federal Budget mean for infrastructure?

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

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Infrastructure is not the main event in the Budget, but has an important role in setting Australia up for the future.

AustraliaGovernment, Public Sector

While the primary focus of the Federal Budget is on direct support for households, businesses and key services, it identifies infrastructure as playing an important role in supporting Australia's recovery from COVID-19.

With an additional $15.2 billion commitment for infrastructure, the Budget is notable for what it includes, what it does not, and the importance of upcoming state and territory budgets in providing a fuller picture of the pipeline and opportunities.

Here we summarise our key takeaways.

Budget focus

With a focus on getting through the COVID-19 pandemic and securing Australia's economic recovery, key Budget measures centre around direct support for households and businesses, and critical investment in services such as health and aged care.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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