The pandemic took a particularly heavy toll on young businesses and highlighted existing education inequalities. The recovery brings an opportunity to boost innovation and reallocation, necessary to face the challenges of digitalisation and meet climate change targets in a cost-efficient way. It also provides a chance to boost educational opportunities for disadvantaged students and refocus on improving the living standards of Indigenous communities.
ECONOMIC POLICY REFORMS 2021: GOING FOR GROWTH © OECD 2021
2. Go to the "Budget 2021" at the link below, read the overview and write down the budget priorities. Explain how each policy can achieve an economic objective.
3. Using the "ABC's Winners and Losers" (click on the image below), assess the effectiveness of the budget policies in achieving full employment in the Australian economy (see suggested plan below).
Assess the effectiveness of the budget policies in achieving full employment in the Australian economy