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The 2018 budget forecast a deficit of $18.2 billion. This would be Australia's eleventh consecutive budget deficit. [22] The 2017 budget forecast government spending to be in surplus in the 2020/21 fiscal year, while the 2018 budget forecast a surplus of $2.2 billion in 2019/20.
2024 ›. The 2023 Australian federal budget is the federal budget to fund government services and operations. The budget was presented to the House of Representatives by Treasurer Jim Chalmers on 9 May 2023. It was the second budget handed down by the Australian Labor Party since their election to government at the 2022 federal election.
An Australian federal budget is a document that sets out the estimated revenues and expenditures of the Australian Treasury in the following financial year, proposed conduct of Australian government operations in that period, and its fiscal policy for the forward years. [1] Budgets are called by the year in which they are presented to ...
Australia's government will boast a second consecutive budget surplus on Tuesday, courtesy of strong employment and high commodity prices, giving it cash to afford more cost of living relief and ...
The March 2022 Australian federal budget was the federal budget to fund government services and operations. The budget was presented to the House of Representatives by Treasurer Josh Frydenberg on 29 March 2022. It was the ninth budget to be handed down by the Liberal/National Coalition since their election to government at the 2013 federal ...
Australia's government is expected to boast another surplus in its annual budget due on Tuesday, courtesy of strong employment and high commodity prices, giving it cash to afford more cost of ...
The 2013 budget estimated total revenue of A$387.7 billion [1] and spending of A$398.3 billion, a deficit of A$18 billion, with a return to surplus expected in the 2015 Australian federal budget (FY 2015/16). Some of the measures in the budget had been announced by various Ministers before the budget. According to Swan the budget was being ...
The 2006 Australian federal budget for the Australian financial year ended 30 June 2007 was presented on 16 May 2006 by Peter Costello, [1] the Treasurer of Australia in the Howard government . The budget provided for an underlying cash surplus of $10.8 billion, the Government's ninth surplus. [2] The net government debt was zero in the 2006/07 ...