he Australian government’s big-spending Federal Budget 2021-22 is finally out! The budget is primarily focused on creating jobs and bolstering economic growth after COVID-19. At the same time, the recently announced budget aims to build Australia’s economic resilience to cope with future shocks.
The package includes AUD 274.6 million in support for tour operators, zoos, aquariums, business events and travel agents. This funding is expected to support businesses remain viable and become ready to welcome tourists as domestic travel activity rises and overseas travel restrictions are eased.
A new AUD 200 million International Aviation Support payment has also been announced to preserve an Australian overseas airline workforce & operational capability. It is anticipated to protect up to 8,000 jobs and allow international flights to resume as soon as borders re-open.
The government has now decided to invest AUD 26.1 million to provide an extra 5,000 Commonwealth supported short course places this year. The goal is to continue supporting non-university higher education providers in order to entice more domestic students. These additional places are expected to provide opportunities for students as well as ‘job seekers seeking to reskill’ to bolster their employment prospects.