Creating jobs and rebuilding our economy

Jobs and the recovery

Australia’s economic recovery means more people are in work than ever before

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Tax cuts to create jobs

Tax cuts will support household income and generate more activity, supporting jobs growth

The Government is delivering a further $7.8 billion in personal income tax cuts to support more than 10 million low- and middle-income earners worth up to $1,080 for individuals or up to $2,160 for couples.

This is on top of the $25.1 billion of announced tax cuts flowing to households in 2021‑22 under our legislated Personal Income Tax (PIT) Plan.

With the additional year of the low and middle income tax offset (LMITO), our PIT Plan will provide tax cuts of up to $7,020 for individuals, and up to $14,040 for couples, in total over the period from 2018-19 to 2021‑22.

Treasury estimates that extending the LMITO will boost GDP by around $4.5 billion in 2022-23 and will create an additional 20,000 jobs by the end of 2022‑23.

When Stage 3 is implemented in 2024‑25, around 95 per cent of taxpayers will face a marginal tax rate of 30 per cent or less.

Lower taxes means that hard-working Australians will keep more of what they earn, allowing them to spend more, help grow the economy and create more jobs.

Table 1: Cumulative tax relief for a single individual over the four years from 2018‑19 to 2021‑22*
Annual taxable income ($) Cumulative tax liability based on 2017-18 settings ($) Cumulative tax liability after Personal Income Tax Plan measures ($) Change in cumulative tax ($) Change in cumulative tax (%)
40,000 19,788 16,708 -3,080 -15.6
60,000 48,588 42,108 -6,480 -13.3
80,000 76,588 70,108 -6,480 -8.5
90,000 90,928 83,908 -7,020 -7.7
100,000 106,528 99,808 -6,720 -6.3
120,000 137,728 131,608 -6,120 -4.4
140,000 168,928 163,528 -5,400 -3.2
160,000 200,128 194,728 -5,400 -2.7
180,000 231,328 225,928 -5,400 -2.3
200,000 268,928 263,528 -5,400 -2.0

*Cumulative tax liability is summed over the four income years from 2018‑19 to 2021‑22. Change in cumulative tax reflects the tax relief provided by the Government’s Personal Income Tax Plan measures in the 2018‑19, 2019‑20, 2020‑21 and 2021‑22 income years, compared to 2017‑18 settings. Tax liability is calculated only taking into account the basic tax scales, low income tax offset, low and middle income tax offset and the Medicare levy. Actual outcomes for many individuals and households would differ.

Skye is a teacher who earned a taxable income of $90,000 each year from 2018‑19 to 2021‑22.

The Government’s decision to retain the LMITO in 2021‑22 means that she will benefit from a LMITO of $1,080 – the maximum benefit – when she lodges her 2021‑22 tax return.

With the additional year of LMITO, the Government’s Personal Income Tax Plan will provide Skye with a tax cut of $7,020 in total from 2018‑19 to 2021‑22, compared with 2017‑18 settings.

Business tax incentives to create even more jobs

Our business tax incentives are already working to help create jobs and to secure Australia’s recovery

Cutting taxes for small and medium businesses

The Government will deliver more than $16 billion in tax cuts to small and medium businesses by 2023-24 with around $1.5 billion flowing in 2019‑20.

This includes reducing the tax rate for small and medium companies, from 30 per cent in 2014‑15 to 25 per cent from 1 July 2021.

Extending tax incentives for businesses that invest

The Government is supporting business investment by extending temporary full expensing and temporary loss carry-back for an additional year.

This extension will enable businesses experiencing COVID‑19 related supply disruptions, or considering investing in projects requiring longer planning times, to take advantage of the incentives.

The Government's business tax incentives are working. In the December quarter, investment in machinery and equipment increased at the fastest quarterly rate in nearly seven years as firms took advantage of the Government's tax incentives. Firms’ capital investment intentions for 2020‑21 have also strengthened.

This will boost activity and employment in the short run, and raise the productive capacity of the economy for the future.

Combined, the extension of these two measures is estimated to deliver an additional $20.7 billion in tax relief to businesses over the forward estimates period. An estimated $320 billion worth of investment is expected to be supported by these incentives.

The temporary full expensing and temporary loss carry-back measures are estimated to boost GDP by around $2.5 billion in 2020‑21, $7.5 billion in 2021‑22, and $8 billion in 2022‑23, and create around 60,000 jobs by the end of 2022‑23.

In December 2021, Emu Deliveries Pty Ltd (Emu) plans a business expansion and would like to use temporary full expensing for $2.5 million worth of assets, which would result in a $500,000 loss. The time it would take to obtain approvals and contractors means Emu won’t install the assets until March 2023. Emu also wants to take advantage of loss carry-back to offset the $500,000 loss in 2022-23 against tax it paid in 2018-19, resulting in a tax refund of $125,000. Without the extension of the incentives, Emu would pay around $400,000 tax in 2022‑23 after the expansion, making it unaffordable.

The owners of Fleur’s Flour, a food manufacturing company, decide in July 2021 to expand its operations and buy a new milling machine. Unexpected disruptions to global trade routes mean that the milling machine ordered from overseas will not arrive until April 2023. Fleur’s Flour is relying on being able to fully expense the cost of the milling machine, to lower the cost of investing to expand. Without the extension of temporary full expensing to 30 June 2023, Fleur’s Flour would not be able to benefit from full expensing.

Global business and talent

Attracting global talent and business investment to support the recovery

Australia is an attractive place to do business: our way of life, our safe, clean cities and our proximity to Asia. The Government's handling of the COVID‑19 pandemic helped make us the envy of the world. Our strong economic position means we are well placed to attract business to Australia to create more Australian jobs.

Attracting talent

The Government has introduced a new Global Talent visa and Temporary Activity visa and will modernise the framework for individual tax residency, to encourage highly skilled individuals to relocate to Australia.

Attracting business

To encourage global businesses to invest in and relocate to Australia, the Government will establish an early engagement process to provide investors with certainty around the tax implications of large investments; finalise the implementation of the Corporate Collective Investment Vehicle regime; establish a more efficient licensing regime for foreign financial service providers; and undertake a review into the tax treatment of venture capital to examine whether current arrangements are creating incentives for additional investment and genuine early stage Australian start-ups.

Providing Australians with a share in the economic recovery

The Government will make it easier for businesses to offer employee share schemes (ESS) to provide more Australians with a share in the economic value they create through their hard work. The Government will remove red tape and ensure that our regulatory settings drive higher take‑up.

The Government will modernise the tax treatment of ESS by removing the cessation of employment taxing point for tax-deferred ESS.

These changes will see more Australians benefit from our economic recovery and help businesses attract the best and brightest from Australia and around the world.

Tax incentives to encourage innovation

Encouraging innovation and investment

Encouraging Australian medical and biotech innovation

The Government is encouraging investment in Australian medical and biotech technologies by introducing a patent box. The patent box will reduce taxes on income from innovative research to encourage businesses to undertake their R&D in Australia and keep patents here. The Government will consult closely with industry on the design of the patent box and explore whether expanding the patent box would be an effective way of supporting clean energy.

This measure will complement the Government’s $2 billion investment in the Research and Development Tax Incentive (R&DTI) which was announced in the 2020‑21 Budget. The Government has asked the Board of Taxation to review the administrative framework of the R&DTI before the end of 2021.

Stimulating innovation in Australian businesses

The Government will allow businesses to self‑assess the economic life of certain intangible assets (such as patents) for tax depreciation purposes. This will encourage investment and hiring in innovative activity.

Growing the Australian digital games industry

The global digital gaming industry provides significant opportunities for Australia. The Government will support the growth of Australia’s digital games industry by cutting the cost of game development in Australia. Digital game developers will receive a 30 per cent refundable tax offset, capped at $20 million per year, for qualifying Australian games expenditure.

Building skills for the future

The Government is investing $6.4 billion in 2021‑22 to build the skills that Australia’s economy needs to thrive in a post‑COVID‑19 world. In this Budget, the Government is delivering more apprenticeships, building on the Government’s successive reforms and investments in skills, and providing a further investment in free or low-fee training places.

Increasing training places

The Government will commit an additional $500 million, to be matched by state and territory governments, to expand the JobTrainer Fund by a further 163,000 places and extend the program until 31 December 2022. The Fund will support training in digital skills and upskilling in critical industries like aged care.

The JobTrainer Fund was launched in 2020 and will support hundreds of thousands of job seekers, school leavers and young people by providing access to free or low-fee training places in areas of skills shortages.

Supporting Apprenticeships

The Government is spending an additional $2.7 billion to extend the Boosting Apprenticeship Commencements program.

The demand-driven program is expected to support more than 170,000 new apprentices and trainees by paying businesses a 50 per cent wage subsidy over 12 months for newly commencing apprentices or trainees signed up by 31 March 2022. The subsidy will be capped at $7,000 per quarter per apprentice or trainee.

The extension will deliver on the Government’s commitment to building a pipeline of skilled workers by further supporting growing businesses to take on new apprentices and trainees.

This Government is also delivering pathway services for 5,000 women to commence in a non-traditional apprenticeship.

Investing in our care workforce

Expanding and upskilling our care workforce

The Government is providing record funding of $17.7 billion to ensure that older Australians have access to quality and compassionate care as they age that provides choice, respect and dignity.

The Government is committed to equipping care workers with the right skills to deliver high-quality aged, disability and veteran care, as demand continues to grow for those skills.

Skilling aged care workers to deliver quality and safe care

The Government is supporting an additional 33,800 training places provided through JobTrainer to enable existing and new care workers to improve their qualifications. This will help deliver 80,000 additional Home Care Packages in this Budget.

An additional $216.7 million is being provided for additional training and financial support to encourage registered nurses to choose a career in aged care.

Expanding the care workforce

In this Budget, the Government is reducing red tape across care sector jobs by aligning provider regulation and worker screening. This will make it easier for carers to work across the sector, develop their careers, and meet the sector’s demand for jobs.

The Government is also providing an additional $13.2 billion to the National Disability Insurance Scheme which supports thousands of disability care jobs.

COVID‑19's impact on women

Women were heavily affected by job losses due to COVID‑19 restrictions and lockdowns. At its lowest point, female employment had fallen by around 470,000 or 8 per cent. Women were also far more likely than men to face reduced working hours, including from having to shoulder more of the burden of unpaid work associated with school closures.

Since the peak of COVID‑19 restrictions, the labour market has recovered strongly with female employment now 1.2 per cent higher than it was in March 2020 and more women in work than ever before.

While for women the labour market has recovered quickly from the COVID‑19 shock, and the gender pay gap is at a record low of 13.4 per cent, there is still progress to be made. Women’s workforce participation remains around 10 percentage points lower than men's, and women continue to have low representation in leadership positions, particularly in science, technology, engineering and mathematics. That is why the Government is taking action so more women can get back into the workforce.

Female employment levels

TThis chart shows the level of employment for women from March 2017 to March 2021. It shows employment for women falling sharply from March 2020 through to May 2020, before rebounding to reach a record high in March 2021.

Boosting workforce participation

More affordable child care will support more parents into work

At 61.8 per cent in March 2021, the women’s participation rate is the highest on record, above its pre-COVID high of 61.5 per cent.

The Government is investing $1.7 billion to make child care more affordable and lift women’s workforce participation. By reducing disincentives to work, the investment will add up to 300,000 hours of work per week, which is the equivalent of around 40,000 women working an extra day per week. This will be good for the economy and boost the level of GDP by up to $1.5 billion per year.

Households with young children can face particularly high workforce disincentive rates for the secondary earner with respect to the fourth or fifth day of work in a week.

The Child Care Subsidy will be increased by 30 percentage points for the second or subsequent child, up to a cap of 95 per cent. This will ease cost of living pressures for over 250,000 Australian families and address the higher out of pocket costs faced by families with multiple young children.

The removal of the Child Care Subsidy annual cap will also reduce barriers to working. With these changes, families are not penalised by hitting the cap.

These reforms will ensure that the Child Care Subsidy helps families to make employment and care choices that work best for them.

Female participation rate

This chart shows the female participation rate from March 2011 to March 2021. It shows female participation growing over the five years pre-COVID before falling sharply from 61.1 per cent in March 2020 to 57.5 per cent in May 2020, then increasing to reach a record high of 61.8 per cent in March 2021.

Olivia and Josh have two children under the age of five, Sarah and Mark. Their combined annual income is $200,000. Both children attend centre-based day care, with the hourly fees set at $10 for each child. Sarah and Mark’s child care costs are currently subsidised at $5 per hour. With the additional support measures, Mark, the younger child, will be subsidised at $8 per hour. The changes will save Olivia and Josh $150 per week.

Kim and Chris have two children under the age of five, Ellie and Julia. Their combined annual income is $130,000. Both children attend centre-based day care, with hourly fees set at $11 for each child. Both children currently receive subsidies of $7.19 per hour. With the additional support measure, Julia, the younger child, will be subsidised at $10.45 per hour. The changes will save Kim and Chris $163 a week.

Getting unemployed Australians into work

The Government is investing $4.6 billion dollars to assist vulnerable unemployed Australians into jobs and boost labour market participation.

Boosting of wage subsidies

The Government is increasing wage subsidies available through jobactive, Transition to Work and ParentsNext to $10,000 (GST inclusive). This will provide eligible job seekers, including youth, single parents, and the long-term unemployed, with greater opportunities to move into work and participate in the economic recovery.

Unemployment rate

This chart shows the unemployment rate over time, as well as the Budget 2020-21 and 2021-22 forecasts. It shows the unemployment rate is much lower than anticipated in the 2020-21 Budget, and is forecast to reach 4¾ per cent in June 2023.

Delivering foundational skills

Foundational skills are fundamental to getting a job. This is why the Government is committed to providing increased support for foundational skills training. The Government is investing an additional $23.6 million to uncap and expand access to basic language, reading, writing, maths and computer skills training for job seekers. The digital skills component of the Skills for Education and Employment program will be accelerated.

Investing in youth employment services

The Government is investing a further $481.2 million in the Transition to Work employment service to ensure young Australians have the best opportunity to secure employment. This specialist youth employment service helps unemployed Australians aged 15-24 move into work or education and since 2016 has provided assistance to over 145,000 young Australians.

Transition to Work helped Ethan successfully achieve his goal. Ethan was working a casual job in a kitchen but wanted to start a carpentry apprenticeship. Ethan’s Transition to Work provider Gen Z Employment supported him through coaching activities to make the move into carpentry.

Providing career advice

The Government is investing $7.6 million in extending the National Careers Institute to ensure that young people are better connected with further education, training and work options and help job seekers match their skills to priority jobs.

Expanding the local jobs program

The Government is investing $213.5 million to extend and expand the Local Jobs Program to all 51 employment regions across Australia. This program brings together expertise, resources and access to funding at a local level to help job seekers connect to employment, reskilling and upskilling opportunities.

Mature-age job seekers in the Wide Bay Sunshine Coast region have been (disproportionately) impacted by job losses as a result of COVID‑19. Through the Local Jobs Program, Generations Connect is recruiting and reskilling mature-age women who have been displaced as a result of the pandemic, placing them in work in the child care sector and supporting them to undertake two units of competency from the Certificate III Early Childhood Education and Care.

Encouraging self-employment

Reforms and additional funding of $129.8 million for the New Business Assistance with New Enterprise Incentive Scheme (NEIS), Exploring Being My Own Boss Workshops and Entrepreneurship Facilitators will make self-employment support more flexible and easier for job seekers and existing micro-business owners to access. A broader range of services will be offered, including:

  • small business workshops;
  • formal business training; and
  • other business support like idea generation, planning, and business health checks.

Shortly after finishing school Ali from Adelaide decided he wanted to start his own business. With the support of his local New Enterprise Incentive Scheme provider, he started his own home maintenance business – Roof Dog.

Ali believes that the New Enterprise Incentive Scheme gave him the foundations to remain agile and identify new opportunities despite the poor economic outlook. Now that he’s meeting and exceeding his budget regularly, Ali reflects: 'I’m really happy that I did NEIS and would love to encourage other people to get out and have a go'.

Trialling new approaches to employment services in remote locations

The Government is piloting a new Remote Jobs Program in three sites to inform future support for job seekers in remote parts of Australia.

The pilots will be co-designed with Aboriginal and Torres Strait Islanders to account for the unique challenges of finding employment in remote Australia.

Delivering more Jobs Fairs

The Government is delivering a further 26 physical and virtual Jobs Fairs across Australia to help those looking for work to connect with local opportunities. Jobs Fairs provide opportunities for job seekers to learn about the employment, training and career options available in their area.

Creating the right incentives to work

Creating the right incentives for job seekers to seek employment will lift workforce participation.

Mutual obligations

With the recovery in the labour market well underway, the Government has strengthened the mutual obligation requirements for income support recipients. This includes returning to face-to-face servicing by employment service providers, increasing job search requirements, and introducing an Employer Tip-Off line to allow employers to report job seekers who are not genuine in their job search.

The Government is supporting job seekers to undertake study or training in areas of high labour demand while receiving income support under the Earn and/or Learn Initiative.

Income support

The Government is providing $9.3 bllion in additional funding for income support recipients so they can focus on finding employment. From 1 April 2021, the rates of JobSeeker Payment and other working‑age income support payments increased permanently by $50 per fortnight, benefiting around 1.9 million recipients. This increase is the largest year-on-year increase to the rate of unemployment benefits since 1986.

The Government has raised the income free area for JobSeeker Payment, Youth Allowance (other) and Parenting Payment Partnered to $150 per fortnight, to encourage more job seekers to participate in the workforce.

Digital Economy Strategy

Investing in the infrastructure and skills to grow Australia’s digital economy

Greater adoption of digital technology will be an important driver of employment, wages and productivity growth and help secure Australia’s recovery.

Laying the digital foundations

The Government is making significant investments in digital infrastructure to support Australian businesses and workers.

The Government is committing $111.3 million to accelerate the roll out of the Consumer Data Right (CDR) across the economy, starting with banking and energy, then moving to telecommunications. This is putting consumers in control of their data, supporting more informed consumer choice and access to better deals.

The CDR supports our ambition to be a leading digital economy by 2030, creating new data-driven jobs, products and services and empowering consumers to benefit from their data held by businesses.

Building capabilities and incentivising digital adoption

The Government is investing in emerging technologies, including artificial intelligence (AI), to build a digitally enabled Australian workforce and small business community.

The Government is investing over $100 million in initiatives to build the digital skills of Australians to meet the needs of the modern Australian workplace. Australia’s research and industry capability in artificial intelligence will be boosted with $124.1 million, including a National Artificial Intelligence Centre led by CSIRO’s Data61.

Small businesses are being supported to adopt digital technologies through a $12.7 million expansion of the Digital Solutions – Australian Small Business Advisory Service. A further $15.3 million will be used to drive business uptake of e-invoicing, which can deliver up to $28.2 billion in net benefits over 10 years.

Streamlined government services

Interactions with Government will continue to be made faster and easier through ongoing implementation of the Modernising Business Registers Program; a further $200.1 million investment to enhance the myGov service; and $301.8 million to enable the next generation My Health Record system to support our world-class healthcare system.

Digital skills for the future

The development of digital skills is an increasingly important priority for many workers, businesses and the wider economy. The Government is investing in a pipeline of workers for a changing economy.

Developing a new digital skills cadetship

The Government will develop a new digital skills cadetship to ensure training in digital skills is relevant, timely and meets the needs of our economy.

The Government will provide $10.7 million to trial up to four industry-led pilots to develop new pathways to build high level digital skills.

Growing technology skills

Recognising the need for specialist skills in emerging fields, such as artificial intelligence, quantum computing and robotics, the Government is supporting more than 460 advanced scholarships to skill-up Australians in these fields.

The Government is also providing $43.8 million to expand the Cyber Security Skills Partnership Innovation Fund. This will create a pipeline of cyber security professionals that can meet growing demand for cyber jobs across the Australian economy.

Melissa has recently completed her Masters in Artificial Intelligence (AI) focusing on the use of AI and machine learning to improve the efficiency of sorting recycling.

The Next Generation Emerging Technology Graduates Program is supporting Melissa to complete a PhD in collaboration with the Australian recycling industry.

Deregulation

The Government’s Deregulation Agenda continues to support Australia’s economic recovery, helping unlock business investment and create jobs. A further $134.6 million in this Budget will make it easier for businesses to employ people and reduce the regulatory burden for businesses interacting with government, saving on average $430 million in annual compliance costs.

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Supporting construction jobs

The Government has developed a range of initiatives to support confidence and activity in the residential construction sector – helping to safeguard jobs.

HomeBuilder

HomeBuilder was announced on 4 June 2020 and formed part of a range of Commonwealth Government initiatives designed to support confidence in the residential construction sector.

HomeBuilder has been a highly successful program. Since its introduction in June 2020, the number of private residential building approvals has increased by 87.3 per cent with over 120,000 HomeBuilder applications received. This is expected to support over $30 billion worth of residential construction activity nationwide.

The Government is extending the construction commencement period to 18 months to smooth out the HomeBuilder construction pipeline and further support construction jobs.

The housing industry has estimated that HomeBuilder has safeguarded around one million jobs.

New Home Guarantee

Building on the success of the First Home Loan Deposit Scheme, the Government is temporarily expanding the Scheme by releasing a further 10,000 New Home Guarantees in 2021‑22.

The New Home Guarantees will be made available from 1 July 2021 to 30 June 2022, enabling more first home buyers to build a new home or purchase a newly built home and enter the housing market sooner with a deposit of as little as 5 per cent.

First Home Super Saver Scheme

Under the expanded First Home Super Saver Scheme, eligible first home buyers will be able to release up to $50,000 in eligible superannuation contributions to bolster their deposit.

Owner-occupier new loan commitments for the construction of dwellings

This chart shows monthly level of owner-occupier new loan commitments for the construction of dwellings. Since July 2020, owner-occupier new loan commitments for the construction of dwellings have risen sharply.

Growing our regions

Regional Australia is critical to the national economy. The Government continues to help Australia’s regional economies grow and thrive. This Budget creates jobs and supports local businesses to grow to their full potential.

Building our regions with: 
$87.7 million to increase and diversify farm exports;
Providing $258 million for a small-scale water infrastructure funding pathway and to build new dams and irrigation projects;
Investing a further $189.6 million in Northern Australia;
Building infrastructure to connect our regions as part of our $15.2 billion of infrastructure commitments;
Boosting regional communities
by increasing the $1 billion
Building Better Regions Fund
by $250 million;
Improving regional connectivity
with $84.8 million to upgrade
internet and mobile access;
Helping to address COVID-19 labour shortages by easing student visa restrictions for agriculture, tourism and hospitality;
Providing $29.8 million to help farmers attract and retain skilled workers in the long term;
Speeding up farmers’ access to new agricultural and veterinary chemicals with $9 million

Targeted industry support

Sector specific support is helping keep people in jobs and businesses in business

This Budget is delivering a $1.2 billion package for the aviation and tourism sectors to help them recover from the impacts of COVID‑19.

Tourism

Over 800,000 half-price airfares are getting Australians to explore their own backyard, with every dollar spent on tourism supporting local jobs and local business. More than 660,000 tickets have already been sold with Cairns, Hobart, Adelaide and the Gold Coast among the most popular destinations.

$274.6 million is going towards the expansion and extension of successful programs to support Australian businesses such as travel agents, zoos and aquariums and events providers that rely on international tourists.

Aviation

The Government is maintaining an Australian international airline capability - supporting up to 8,000 jobs and enabling international flights to resume when borders reopen. It is also preserving aviation skills of up to 5,000 ground handlers.

The Government is also negotiating two-way safe travel zones, with 630 workers returning to work to service flights between Australia and New Zealand.

It is subsidising key domestic and regional air routes, keeping planes in the air and jobs on the ground - including through the movement of essential workers and freight.

Major domestic routes, weekly flights

This chart shows that the number of weekly flights on major domestic routes fell from over 4,700 in March 2020 to just 123 in April 2020, before gradually recovering to 3,284 in April 2021.

Arts

This Budget is also helping to activate and support the successful re-opening of Australia’s creative and cultural sector with nearly $300 million in support.

This includes the $125 million Restart Investment to Sustain and Expand grants to kick‑start new productions, festivals and events supporting artists and organisations to get back in business – this funding will support around 230 projects.

$20 million is supporting independent cinemas across Australia to keep their doors open and people in jobs.

The Government is also helping the local screen industry continue to create quality Australian local film and television content, including through the extension of the Temporary Interruption Fund.

The TV series Amazing Grace received coverage under the Temporary Interruption Fund and was able to proceed with filming. With a budget of over $10 million, the production employed more than 670 people and used the services of more than 190 businesses.

International education

The Government is providing $53.6 million of targeted support for international education providers most affected by border closures to ensure the diversity of Australia’s education system is maintained and providers can respond to new opportunities. This support includes grants of up to $150,000 made available for eligible providers to invest in infrastructure, expertise and new teaching solutions.

$26.1 million will also support non-university higher education providers to attract more domestic students, by providing an additional 5,000 Commonwealth supported short course places in 2021.

Building Australia

Delivering a 10-year $110 billion infrastructure investment pipeline and investing in the future

Since the start of 2020‑21, 45 projects with an Australian Government investment of $7 billion have been completed. Work has also commenced on 124 projects with an Australian Government investment of $8.4 billion.

In this Budget, to further support jobs and Australia’s recovery from the COVID‑19 pandemic, the Government is committing an additional $15.2 billion over the next ten years towards road, rail and community infrastructure projects across Australia. These commitments will support more than 30,000 jobs over the lives of those projects.

This builds on the 100,000 jobs already being supported by projects currently under construction through the $110 billion pipeline.

As part of these commitments, $1 billion is being provided to extend the Local Roads and Community Infrastructure Program to 2022-23. $1 billion is also being provided to extend the Road Safety Program to 2022-23.

These programs have been highly successful and supported over 5,800 local projects across Australia since their inception at the start of the COVID‑19 pandemic.

New South Wales

As part of the 10-year infrastructure pipeline, the Government is committing an additional $3.8 billion towards New South Wales infrastructure projects, helping support jobs and livelihoods across the State.

This brings the Government’s total commitments towards New South Wales infrastructure projects to over $43.5 billion since 2013.

Major projects underway

  • Sydney Metro - Western Sydney Airport – $5.3 billion
  • M12 Motorway – $1.6 billion
  • M1 Pacific Motorway Extension to Raymond Terrace – $1.6 billion
  • WestConnex – $1.5 billion

Recently completed projects

  • NorthConnex
  • Pacific Highway duplication between Hexham and the Queensland border
  • M1 Productivity Package, which widened sections of the M1

$3.8 billion in new commitments

New South Wales infrastructure projects

Victoria

As part of the 10-year infrastructure pipeline, the Government is committing an additional $3.4 billion towards Victorian infrastructure projects, helping support jobs and livelihoods across the State.

This brings the Government’s total commitments towards Victorian infrastructure projects to over $35.5 billion since 2013.

Major projects underway

  • Melbourne Airport Rail Link – $5 billion
  • Geelong Fast Rail – $2 billion
  • North East Link – $1.8 billion
  • Suburban Roads Upgrades – South Eastern Roads and Northern Roads – $1.1 billion

Recently completed projects

  • Western Highway upgrade between Stawell and the South Australian border
  • Upgrades of three key freight routes for the forestry, farming and mining industries in the Green Triangle Region

$3.4 billion in new commitments

Victorian infrastructure projects

Queensland

As part of the 10-year infrastructure pipeline, the Government is committing an additional $2 billion towards Queensland infrastructure projects, helping support jobs and livelihoods across the State.

This brings the Government’s total commitments towards Queensland infrastructure projects to over $31 billion since 2013.

Major projects underway

  • Bruce Highway Upgrade Program – over $10 billion
  • Gateway Motorway – Bracken Ridge to Pine River – $800 million
  • Coomera Connector Stage 1 (Coomera to Nerang) – $750 million

Recently completed projects

  • Stage 1 of the Mackay Ring Road
  • Upgrade of the M1/M3 Gateway Merge at Eight Mile Plains

$2 billion in new commitments

Queensland infrastructure projects

Western Australia

As part of the 10-year infrastructure pipeline, the Government is committing an additional $1.6 billion towards West Australian infrastructure projects, helping support jobs and livelihoods across the State.

This brings the Government’s total commitments towards Western Australian infrastructure projects to over $17.3 billion since 2013.

Major projects underway

  • Bunbury Outer Ring Road (Stages 2 and 3) – $681.6 million
  • METRONET: Morley-Ellenbrook Line – $624.8 million
  • NorthLink WA – Northern and Central Sections – $556.2 million

Recently completed projects

  • Wanneroo and Ocean Reef Road Grade Separation
  • Broome Cape Leveque Road project in the Kimberley region

$1.6 billion in new commitments

Western Australian infrastructure projects

South Australia

As part of the 10-year infrastructure pipeline, the Government is committing an additional $3.4 billion towards South Australian infrastructure projects, helping support jobs and livelihoods across the State.

This brings the Government’s total commitments towards South Australian infrastructure projects to over $10.7 billion since 2013.

Major projects underway

  • Gawler Rail Line Electrification – $220 million
  • Hahndorf Township Improvements and Access Upgrade – $200 million

Recently completed projects

  • Darlington Upgrade project, part of the North-South Corridor
  • Penola Bypass (Northern Section)
  • Upgrade of the Bratten Bridge under the Rural Roads Package

$3.4 billion in new commitments

South Australian infrastructure projects

Tasmania

As part of the 10-year infrastructure pipeline, the Government is committing an additional $377.2 million towards Tasmanian infrastructure projects, helping support jobs and livelihoods across the State.

This brings the Government’s total commitments towards Tasmanian infrastructure projects to over $3.6 billion since 2013.

Major projects underway

  • Bridgewater Bridge Replacement - $461 million
  • Hobart to Sorrell Corridor – Midway Point Causeway – $150 million
  • Tasmanian Freight Rail Revitalisation – Network – $89.3 million

Recently completed projects

  • The Midland Highway Safety Works Package between St Peters Pass and South of Tunbridge

$377.2 million in new commitments

Tasmanian infrastructure projects

Northern Territory and Australian Capital Territory

As part of the 10-year infrastructure pipeline, the Government is committing an additional $401 million towards Northern Territory infrastructure projects and $186.2 million towards ACT infrastructure projects, helping support jobs and livelihoods across the Territories.

This brings the Government’s total commitments towards Northern Territory infrastructure projects to over $3.2 billion and ACT infrastructure projects to over $1.2 billion since 2013.

Major projects underway

ACT

  • Canberra Light Rail Stage 2A – $132.5 million
  • Monaro Highway Upgrade – $115.3 million
  • Molonglo River Bridge – $87.5 million

NT

  • Central Arnhem Road Upgrade – $180 million
  • Northern Territory Gas Industry Roads Upgrades – $173.6 million
  • Carpentaria Highway Upgrade – $120 million
  • Buntine Highway Upgrade – $100 million

Recently completed projects

ACT

  • Stage 1 of the Northbourne Avenue Pavement Rehabilitation Package was completed with improvements in road safety and ride quality

NT

  • Keep River Plains Road Upgrade
  • Upgrades to around 32 kilometres of the Tablelands Highway

Commitments in this Budget

Northern Territory infrastructure projects
ACT infrastructure projects