11 Facts About Australia’s Economic Recovery
Australia’s recovery leads the world. Here are the facts:
1. 394,400 more Australians in jobs than pre-COVID. (Source: 2022-23 Budget Overview, Page 7)
2. 700,000 jobs were saved through JobKeeper. (Source: Reserve Bank of Australia – November 2020)
3. Over 11 million Australians are benefitting from tax relief. (Source: Budget 2022-23, “Keeping Australians Safe” Page 44)
4. Compared to major advanced economies, Australia had a stronger recovery since pre-COVID levels. (2022-23 Budget Overview, Page 11)
5. 220,000 trade apprentices – a record high. (Source: 2022-23 Budget Overview, Page 6)
6. Over 95% of Australians are now protected with vaccines. (Source: 2022-23 Budget “Guaranteeing the essential services”, Page 14)
7. Australia is ranked 2nd in the world for pandemic preparedness. (Source: Global Health Security Index, 2021)
8. Over 2,900 new or amended medicine listings have been made on the PBS since 2013.
9. 218,000 older Australians have access to a Home Care Package. (Source: 2022-23 Budget “Guaranteeing the essential services”, Page 25)
10. More than 70 defence vessels are being built and upgraded in Australia.
11. Compared to major advanced economies, Australia has more jobs since pre-COVID levels. (Source: 2022-23 Budget Overview, Page 10)
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