Spending by source

Total health system spending on the response to COVID–19 was $47.9 billion over the three financial years of the pandemic (2019–20 to 2021–22). This represented 7.2% of total health spending during the same period. In 2021–22, when COVID–19 related spending was at its highest, it made up 10.9% of total health spending.

The total government spending was estimated to be $47.0 billion combining the Australian Government spending through the National Partnership on COVID-19 Response (NPCR) and spending by the Australian Government Department of Health and Aged Care. The Australian Government spent $35.1 billion, which is equivalent to 75% of total government spending on COVID-19, while state and territory governments spent $11.9 billion. An estimated $878 million was spent by individuals on COVID–19 related items such as, rapid antigen test, masks and respirators, and sanitiser.

Table 1: Summary of COVID–19 spending by source and by year ($ million)

Source of funding

2019–20

2020–21

2021–22

Total

Government

6,528

15,023

25,470

47,021

    Australian Government NPCR

2,462

4,031

6,658

13,151

    Australian Government Dept of Health and        Aged care

2,073

7,316

12,599

21,988

    State and territory governments NPCR

1,993

3,675

6,214

11,881

Individuals

45.9

113.3

718.8

878.1

Total COVID–19 spending

6,574

15,136

26,189

47,899

Total health spending

202,588

221,327

241,316

665,231

COVID–19 spending as a share of total health spending (%)

3.2

6.8

10.9

7.2

Source: National Health Funding Body, Dept of Health and Aged Care, IQVIA.