BS2: Economic Outlook

	Document Index Budget Paper 1 Budget Statement 4



STATEMENT 4 : FINANCIAL OUTLOOK - Contents Overview Operating result Net Assets Primary Financial Statements Appendix A -- Statistics, Concepts and Notes to the Financial Statements Appendix B: Sensitivity of Fiscal Aggregates to Economic Developments Expenses Revenue Appendix C: Statement of Risks Overview Economic and Other Parameters Fiscal Risks Contingent Liabilities Details of Fiscal Risks and Contingent Liabilities Fiscal Risks -- Revenue Tax Reform Indirect Tax Changes Review of Business Taxation Taxpayer Behaviour General Risks Specific Risks Review of 'Nuisance Tariffs' Review of the General Tariff Rate Sale of Radio Frequency Spectrum Licenses Fiscal Risks -- Expenses Agriculture, Fisheries and Forestry Exceptional circumstances Attorney-General's Native Title cost sharing Communications, Information Technology and the Arts Digitisation strategy of the Australian Broadcasting Corporation Sale of Telstra Defence Litigation cases in train -- Department of Defence Education, Training and Youth Affairs NSW University superannuation supplementation Family and Community Services Applying the newly arrived resident's waiting period to agreement countries Modified treatment of non-economic loss compensation payments Possible Social Security Agreements Finance and Administration Asset sales Australia Post -- notional account surplus Member choice and Commonwealth Superannuation Arrangements Health and Aged Care Australian Health Care Agreements Immunisation funding mechanism Litigation cases in train -- Department of Health and Aged Care Major new listings -- Pharmaceutical Benefits Scheme and Medicare Benefits Scheme Immigration and Multicultural Affairs Temporary safe have in Australia for displaced Kosovars Industry, Science and Resources Repayment of Snowy Mountains Hydro-electric Scheme debt Prime Minister and Cabinet Hindmarsh Island bridge damages claim Separation of Aboriginal children from their families in the Northern Territory Investment incentives Transport and Regional Services Compensation claims -- finalisation of acquisition of properties for the Second Sydney Airport at Badgerys Creek Maritime Industry Reform Treasury Australia's involvement in the International Monetary Fund (IMF) assistance to Thailand, Indonesia and the Republic of Korea Contingent Liabilities -- Quantifiable Agriculture, Fisheries and Forestry Australian Wheat Board (AWB)/AWB Ltd Queensland Fisheries Management Authority Wool International Communications, Information Technology and the Arts Australian Broadcasting Corporation Special Broadcasting Service Telstra Corporation Ltd -- Loan Guarantee Telstra Corporation Ltd -- Superannuation Guarantee Art Indemnity Australia Defence Defence Housing Authority Military Compensation Education, Training and Youth Affairs Commonwealth Loan Guarantees -- Group Training Commonwealth Loan Guarantees -- ABSTUDY Financial Supplement Loan Scheme Finance and Administration Telstra Corporation Ltd -- Notional Account Surplus Foreign Affairs and Trade Export Finance and Insurance Corporation (EFIC) Assistance for East Timor Industry, Science and Resources Australian Industry Development Corporation (AIDC) Australian Industry Development Corporation (AIDC) in relation to the Australian Submarine Corporation Snowy Mountains Hydro-electric Authority (SMHEA) Transport and Regional Services Federal Airports Corporation (FAC) -- Wind Up Treasury Guarantees under the Commonwealth Bank Sale Act 1995 Reserve Bank of Australia (RBA) guarantee Uncalled Capital Subscriptions -- international financial institutions Contingent Liabilities -- Unquantifiable Attorney-General's Australian Federal Police Adjustment Scheme (AFPAS) Communications, Information Technology and the Arts Year 2000 compliance Defence HMAS Melbourne compensation Employment, Workplace Relations and Small Business Possible increased workers' compensation costs to the Commonwealth Finance and Administration Australian Law Reform Commission (ALRC) employees Commonwealth Civilian Superannuation Liability Commonwealth shareholding in the Australian Submarine Corporation Macquarie Bank -- DASFLEET New Commonwealth Insurable Risk Managed Fund (Comcover) Superannuation Act 1976 and the Public Sector Superannuation Scheme (PSS) Indemnities for the Reserve Bank of Australia (RBA) Sale of Australian River Co. Limited (formerly ANL Limited) Sale of the National Transmission Network Indemnities relating to other Asset Sales Health and Aged Care CSL Ltd Transport and Regional Services Civil Aviation Safety Authority (CASA) -- indemnity to officers of the Authority administering the Carrier's liability insurance requirements Federal Airports Corporation (FAC) -- transfer of former contingent liabilities to the Commonwealth Tripartite Deed relating to the Core Regulated Airports Maritime Industry Finance Company Ltd (MIFCo) -- board members' indemnity Stevedoring Industry Finance Committee (SIFC) Treasury Changes in the net principal value of cross currency swaps and foreign currency denominated debt resulting from changes in the nominal exchange rate Veterans' Affairs Vietnam Veterans' Health Study

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STATEMENT 4 : FINANCIAL OUTLOOK - Contents