ANZ Chief Executive Officer Shayne Elliott expressed approval for the Federal Government's 2021 Budget, highlighting its role in supporting Australia's economic recovery from the COVID-19 pandemic.
"This is the right budget for these economic times and is good news for Australian industries, households and social services," Elliott stated.
He noted that the budget is more stimulatory than expected, which he believes addresses the ongoing risks posed by the pandemic to health and economic prosperity. "This reflects the reality that the pandemic still poses risks to our health and economic prosperity and once again shows the government’s flexibility in dealing with the ongoing impacts," Elliott added.