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Federal Budget 2011

Australia’s 2011 Federal Budget, announced on Tuesday 10 May, is economically responsible, particularly around investment in infrastructure, workforce skills development to increase participation and create capacity, and in terms of the Government’s goal to return to surplus by 2012/2013. However, there will certainly be winners and losers in what can be described as a bits and pieces budget, according to Mercer.

 

Immediately after the Federal Budget was announced last night, we interviewed David Anderson, Mercer’s Managing Director and Market Leader for Australia & New Zealand, and asked him about the key changes and implications, specifically around:

 

  • Investment in infrastructure,

 

  • Australia's workforce challenges, and

 

  • Australia's retirement income system

 

View or download Mercer's initial response to the Budget vodcast below. A detailed report and analysis, further exploring the changes and what they mean for you, is available for download here.

 

 

 Download the video (Size: 29MB)

 

 

 

 

 

 

 

 

 

 

 

Related resources

Bits and pieces Federal budget to trim the economy

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