Key Features |
| The forecast for economic growth in 1999-2000 has been revised up to
3½ per cent from the 1999-2000 Budget forecast of 3 per cent. Growth
of 3¾ per cent is forecast in 2000-01. The fiscal balance is estimated to be $4.9 billion in surplus in 1999-2000 - $555 million lower than estimated at the time of the 1999-2000 Budget. Continued surpluses are projected for 2000-01 to 2002-03. The combination of sound fiscal policy, low interest rates and inflation and an improved international outlook should continue to underpin Australia's favourable economic performance. Fiscal Outlook
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