Tag archive: ACT Budget

As the Territory readies for a resumption of business, with fingers crossed for a smooth transition and no further lockdowns, financial advisors have reported a last-minute rush of businesses and sole traders applying for the ACT's Business Support Grant by the 7 October deadline. RSM Australia senior advisor Young Han said there has been a mix of businesses rushing to...

Chief Minister Andrew Barr has promised another big-spending Budget to support the Territory's economic recovery from the impacts of the pandemic and create more jobs. Mr Barr also told business leaders in his State of the Territory address today that the government would be doing all it could to attract skilled workers to the capital while overseas migration is on...

According to the Canberra Business Chamber, Canberra businesses impacted by the COVID-19 economic downturn were still in need of support from the ACT Government. Canberra Business Chamber CEO Graham Catt said the Budget could have done more for businesses hit hard by COVID-19 to help them recover. ''Now we’re in a recovery phase we need a focus on initiatives that...

The ACT faces a long period deep in the red despite the ACT Government's delayed Budget for 2020-21 showing a better than expected bottom line but big deficits, albeit reducing, stretching out to 2023-24. While the 2020-21 deficit is $300 million less than the nearly billion dollars forecast in the August update, at $603 million, deficits will persist over the...

Media statement by ACT Chief Minister Andrew Barr. Today I was pleased to unveil a new funding package for the Arts in Canberra as part of the 2017-18 Budget, alongside Minister Gordon Ramsay. Increasing investment in Canberra's thriving arts scene was an important ACT Labor commitment in the 2016 election campaign, recognising the contribution that arts make to the community....