Government fiscal support targeted economic affairs, social protection, and healthcare spending. Governments eased COVID-19 restrictions, however Victoria suffered from a second wave and extended lockdown period.
Commonwealth, state, and territory governments commenced the rollout and administration of COVID-19 vaccines. Other healthcare spending remained elevated, particularly in Victoria, due to ongoing COVID-19 health response expenditure on frontline staff, testing and personal protective equipment (PPE).
Business conditions recovered from the widespread COVID-19 lockdowns in 2019-20, and the labour market also improved. Commonwealth taxation increased across company income tax, personal income tax and GST, while states received more stamp duties on conveyances and gambling tax.
Change (a) in days within the year where at least one area of the state was in lockdown, 2019-20 to 2020-21 financial year
Change (a) in days where at least one area of the state was in lockdown from previous year:
New South Wales -39
South Australia -39
Western Australia -32
Northern Territory -41
Australian Capital Territory -45