Spending by source

Total health system spending on the response to COVID–19 was $55.9 billion over the four financial years of the pandemic (2019–20 to 2022–23). This represented 6.1% of total health spending during the same period. In 2021–22, when COVID–19 related spending was at its highest, it made up 10.8% of total health spending.

The total government spending was estimated to be $54.8 billion combining the 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 $42.0 billion, which is equivalent to 77% of total government spending on COVID–19, while state and territory governments spent $12.7 billion. An estimated $1.1 billion was spent by individuals on COVID–19 related items such as, rapid antigen tests, masks and respirators, and sanitiser.

Table 1: Summary of COVID–19 spending by source for 2019–20 to 2022–23 ($ million)

Source of funding

2019–20

2020–21

2021–22

2022–23

Total

Government

6,535

15,021

25,550

7,662

54,768

Australian Government NPCR

2,462

4,031

6,658

1,153

14,305

Australian Government Dept of Health and Aged care

2,080

7,319

12,720

5,608

27,727

State and territory governments NPCR

1,992

3,670

6,173

901

12,736

Individuals

46

113

719

232

1,110

Total COVID–19 spending

6,581

15,134

26,269

7,894

55,878

Total health spending

203,330

222,196

243,116

252,515

921,157

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

3.2

6.8

10.8

3.1

6.1

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