Australia: Tax and the government's mid-year economic and fiscal outlook

The 2021-22 mid-year economic and fiscal outlook statement was presented by the Treasurer.

Tax and the government's mid-year economic and fiscal outlook

The Treasurer on 16 December 2021 presented the 2021-22 mid-year economic and fiscal outlook statement.

With a federal election less than six months away, the government held back from announcing significant new tax measures.

The expectation is that contents of this package will not be revealed until 2022, closer to the election. The 2022-23 federal budget is scheduled for 29 March 2022 and a federal election must occur before the end of May 2022.

Read a December 2021 report [PDF 950 KB] prepared by the KPMG member firm in Australia

 

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