Economic Analysis: Fiscal Policy of Australian Government (2021-2024)

This report offers a detailed economic analysis of the Australian government's fiscal policy over the past three years. It begins by defining fiscal policy and its objectives, contrasting it with monetary policy, and exploring its relationship with macroeconomic variables such as GDP growth, inflation, and unemployment rates. The analysis then delves into the specific fiscal strategies implemented by the Australian government, including the medium-term fiscal strategy and budget repair strategies, examining their impact on the economy. The report presents estimated and projected investment data, providing insights into the government's financial planning. Furthermore, it identifies and discusses the challenges faced in implementing these fiscal policies, offering a comprehensive understanding of the complexities and outcomes of the Australian government's economic management during this period.