This part provides more detail on government revenue (Statement 5) and expenses (Statement 6).

Each of these sections looks at the estimates for the budget year and how they have changed since MYEFO and the 2002-03 Budget. The impact of budget measures is also described.

More detail on the budget measures is provided in Budget Paper 2.

Statement 7 addresses the future of the Commonwealth Government Securities (CGS) market and the Commonwealth's debt issuance programme.