Increased healthcare and frontline services spending |
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| Co-funding arrangements | Commonwealth and state (footnote 5): Co-funding for the JobTrainer Package and COVID-19 vaccine delivery costs | GFS: Current grants
NA: Income accounts - Current transfers |
| Donated COVID-19 vaccines and PPE for foreign aid purposes | Commonwealth: Foreign aid in the form of vaccines through the COVAX facility, Quad Vaccine Partnership and direct provision of vaccines and PPE to Pacific and Southeast Asia regions | GFS: Current grants to non-residents NA: Income accounts - Current transfers |
| COVID-19 vaccine supply | Commonwealth: Membership of the international COVAX facility and supply agreements with Pfizer, AstraZeneca and CSL; Expenditure on vaccine doses when available | GFS: Accounts receivable (prepayments), Social benefits to households in goods and services, Change in inventories
NA: GDP (E) - Government final consumption expenditure, Change in inventories |
| COVID-19 vaccine delivery outside of hospitals | Commonwealth: New MBS items for administering of vaccines | GFS: Social benefits to households in goods and services
NA: GDP (E) - Government final consumption expenditure |
| Additional spending on public sector workforce | Commonwealth: Deploying staff for COVID-19 response programs
State: Deploying both clinical and non-clinical staff for COVID-19 health response and vaccine delivery in public hospitals; Deploying police and other staff to manage quarantine, lockdowns and contact tracing; Vocational education expansion to support economic recovery | GFS: Employee expenses
NA: GDP (E) - Government final consumption expenditure, GDP (I) - Compensation of employees |
| Additional spending on healthcare consumables | Commonwealth: Expenditure on PPE for the National Medical Stockpile
State: PPE expenditure for state-based medical stockpiles | GFS: Accounts receivable (prepayments), Use of goods & services, Change in inventories
NA: GDP (E) - Government final consumption expenditure, Change in inventories |
| Additional spending on contractors and communication | Commonwealth and state: Cleaning of publicly owned assets; COVID-19 communication campaigns; COVID-19 hotlines | GFS: Use of goods & services
NA: GDP (E) - Government final consumption expenditure |
| New and accelerated infrastructure investment | State: Infrastructure investment as economic stimulus (including Commonwealth co-funding) | GFS: Acquisition of new non-financial assets
NA: GPD (E) - Public gross fixed capital formation |
Provision of assistance to households |
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| Cash payments to households | Commonwealth: Economic Support Payments; JobSeeker Payments; National Disaster Payment Scheme; Fair Entitlements Guarantee; Reducing deeming rates for retirees
State: Other state-based hardship payments to households | GFS: Current monetary transfers to households
NA: Income accounts - Social assistance benefits |
| Additional healthcare services to households outside of hospitals | Commonwealth: Expanded digital health and telehealth services for Medicare; Home Medicines Services for PBS; Provision of free COVID-19 pathology tests | GFS: Social benefits to households in goods and services
NA: GDP (E) - Government final consumption expenditure |
| Other rebates and support for households | Commonwealth: Additional aged care supplements; Employment support services; Additional NDIS support
State: Rebates to households for electricity bills; Other targeted concessions for households; JobTrainer courses provided through private providers | GFS: Social benefits to households in goods and services
NA: GDP (E) - Government final consumption expenditure |
| Capital transfers to households | Commonwealth: HomeBuilder grants for new dwellings and large renovations
State: First Home Owner Grants for new dwellings | GFS: Capital transfer expenses n.e.c.
NA: Capital account - Capital transfers, GPD (E) - Private gross fixed capital formation (Dwellings) |
| Current transfers to households | State: Government vouchers for households to support tourism, hospitality and the arts | GFS: Current transfer expenses n.e.c.
NA: Income accounts - Other current transfers |
Provision of assistance to corporations, unincorporated enterprises and non-profit institutions |
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| Wage subsidies | Commonwealth: JobMaker Hiring Credit; Wage subsidies for apprentices; Job creation and support funds; Aged care staff retention bonus | GFS: Other subsidies on production
NA: GDP (I) - Other subsidies on production |
| Cash support payments to eligible producers | Commonwealth: Boosting Cash Flow for Employers
State: State-based cash payments to businesses (e.g. Circuit Breaker Business Support Fund in Victoria)a) | GFS: Other subsidies on production
NA: GDP (I) - Other subsidies on production |
| Targeted industry support for market producers | Commonwealth: Australian Airline Financial Relief Package; Aged Care Support Program; Restart Investment to Sustain and Expand Fund; Temporary Interruption Fund; Australian Screen Production Incentive State: Regional Tourism Investment Fund, Licensed Hospitality Venue Fund and Alpine Resorts Winter Support Program in Victoria | Classifications vary depending on policy details
GFS: Other subsidies on production, Subsidies on products
NA: GDP (I) - Total subsidies on production, GPD (P) - Subsidies on products |
| Targeted industry support for non-market producers | Commonwealth: Medical Research Future Fund; Funding for charities that provide emergency and food relief; Mental health support services; Funding for aeromedical services State: Medical research grants; Funding for charities affected by COVID-19 lockdown; Domestic violence, mental health and homelessness support services | GFS: Current transfer expenses n.e.c.
NA: Income accounts - Other current transfers |
Relaxation of tax and non-tax revenue obligations |
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| Refunds, waivers and deferrals for various taxes, licenses and fees | Commonwealth: Key examples include GST and commercial broadcasting taxes
State: Key examples include payroll, land, liquor, gambling, fishing and stamp duty related policies | GFS: Sales of goods and services, Various taxes classifications
NA: GDP (E) - Government final consumption expenditure, GDP (I) - Total taxes on production, GPD (P) - Taxes on products |
| Investment incentives | Commonwealth: Increases and expansions to instant asset write-off policies for businesses | GFS: Company tax
NA: Income accounts - Current taxes on income, GPD (E) - Private gross fixed capital formation |
Capital injections, establishment of new, or extended, lending facilities and provision of guarantees |
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| Loan guarantees | Commonwealth: SME Guarantee Scheme; First Home Loan Deposit Scheme
State: Loan guarantees for public universities | GFS: Contingent liabilities
NA: Not recognised |
| Access to low cost loans | Commonwealth: RBA Term Funding Facility for banks
State: Low-interest loans for local government and public universities | GFS: Advances: Concessional or other
NA: Financial account and Balance sheet - Loan and debt security markets (repurchase agreements) |