Building a stronger, smarter and fairer Australia...

This Budget will help build a stronger, smarter and fairer Australia by supporting jobs and growth, driving productivity improvements, investing in education and ensuring no one is left behind.

Investing in the future

The Government's sound economic management means we are in a position to put in place reforms for a stronger, smarter and fairer future.

This Budget builds on our reforms and investments across the five pillars of productivity—skills and education, infrastructure, innovation, tax and regulatory reform.

Stronger

This Budget builds a stronger economy by:

  • Investing in high‑quality nation building infrastructure to provide a critical boost to Australia's productive capacity;
  • Supporting Australian industry by backing Australian companies to win more work at home and abroad,
  • and helping small and medium businesses to grow and create new jobs;
  • Ensuring Australia's education system will provide the skills for tomorrow's economy.

Smarter

This Budget builds a smarter nation by:

  • Supporting once in a generation reforms to Australia's school funding arrangements, through the National Plan for School Improvement;
  • Undertaking a record investment in early childhood education;
  • Providing more post graduate university places and research funding while ensuring sustainable growth for university funding.

Fairer

This Budget builds a fairer society by:

  • Establishing DisabilityCare Australia, to ensure that Australians with significant and permanent disability get the care and support they need when they need it;
  • Building on the $16.4 billion National Health Reform Agreement to continue to improve access to high quality health care, medicines and support services;
  • Funding important investments in rural and regional Australia, and the National Drought Program Reform to better support farmers and their families;
  • Investing in the provision of vital homelessness services.

 

Stronger

  • $24 billion in road, rail and ports in our cities and regions over the next 6 years
  • $1 billion plan for Australian jobs
  • $330 million to support the Tasmanian Forests Agreement

Smarter

  • $9.8 billion over six years for A National Plan for School Improvement
  • $1.1 billion investment in early childhood education
  • $97 million for additional Commonwealth supported places for sub‑bachelor and post-graduate courses

Fairer

  • $19.3 billion over 7 years from 2012‑13 to roll out DisabilityCare Australia
  • $226 million to deliver world leading cancer care for Australians
  • $300 million over 4 years to support jobseekers in the transition to work

A stronger, smarter and fairer Australia