News & Views

12th May 2021

NECA Federal Budget 2021-22

12 May 2021

NECA is pleased to provide members with a snapshot of key measures contained in the federal government’s budget delivered by the Treasurer, the Hon Josh Frydenberg MP last night.

There’s a grab bag of initiatives in there designed to support businesses in the post-COVID economic recovery. A number of the infrastructure, energy and industry investments will sustain and enhance opportunities for electrical contractors.  

It looks at Coronavirus and recovery measures, skills, training and apprenticeships with a $2.7 billion allocated to expand the boosting of apprenticeships, tax offsets and the continuation of instant-asset write-off to businesses, the extension of small business loan schemes and a significant allocation of budget to infrastructure and energy investments.

Download the full NECA Report here.

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