News & Insights | Australian Federal Budget Summary, 2024-25

Australian Federal Budget Summary, 2024-25

15 May 2024

Big-ticket spending designed to remake Australia

Key points

  • Reforms to transform manufacturing and construction
  • Turbocharging the clean energy workforce
  • Changes to apprentice incentives
  • Projects to boost women in non-traditional trades

The Federal Budget has delivered a raft of workforce and training initiatives that are designed to drive Australia’s capacity to undertake some transformative national projects.

These include building 1.2 million homes, embarking on the ‘Future Made in Australia’ project, and driving a clean energy transition to net zero.

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Unless stated otherwise, information was sourced from the Commonwealth Budget 2024-25 documents, ministerial statements, media releases and portfolio papers budget.gov.au/. This is general information only and should not be taken as constituting professional advice from Programmed. Programmed is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Programmed is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided.

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