Coronavirus (COVID-19) updates from the Australian Government

Economic Response to COVID-19

The COVID-19 pandemic continues to present a significant challenge to global health systems and economies.

The Government’s economic response is focused on supporting the transition to private sector‑led growth, creating jobs and driving the unemployment rate lower.  The 2021-22 Budget committed an additional $41 billion in direct economic support, bringing total support since the beginning of the pandemic to $291 billion.

The Government is also providing financial assistance to workers directly affected by lockdowns and restrictions in COVID-19 hotspots.