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Federal Budget 2021-22

Australia’s incredible economic rebound has helped the government project a smaller deficit for 2020-21 of $161.0 billion. This is substantially smaller than expected just a few months ago. For 2021-22, it is expected to be $106.7 billion.


Browse our collection of articles for news, education, insights, ideas and opinions on financial, economic and societal topics.  

Interest Outlook

The Reserve Bank (RBA) has reiterated that it will not increase the cash rate until actual inflation is sustainably within the 2 to 3% per annum target range. It does not expect this to happen until 2024 at the earliest. Low official rates are here for quite a while.

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Data Snapshot

Data Snapshot provides a brief summary of key Australian economic data and assesses the implications of the data for the economy and financial markets. The report is published on the day of the key data releases by our economics department. Browse the Data Snapshot by month.

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Business Benchmarking tool

Our Business Benchmarker helps you find out how your business stacks up to other businesses in your industry across Victoira and Australia. 

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Growing your business

So you’ve started your own business and now it’s time to start thinking about growth. We’ve put together some effective ideas, tactics and tools to help you manage your staff, grow sales and market your business.

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Advantage Package

A step by step guide on how the Bank of Melbourne Advantage Package can deliver great results for your clients.

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1. Provided in the writers’ and speakers’ personal capacities and as such are their sole responsibility; and

2. Such opinions and views are not the opinions and/or views of Westpac and must neither be regarded as constituting advice on any matter nor be interpreted as such.

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