Statement 6: Expenses and net capital investment
Overview
Australian Government general government sector expenses are expected to grow slowly in real terms in 2008‑09 but decline as a percentage of GDP (Table 1). Expenses are forecast to decrease to 23.8 per cent of GDP in 2008‑09, and are expected to remain at or below 24.2 per cent of GDP until 2011‑12.
Table 1: Estimates of general government sector expenses
- GST inclusive expenses as published in Appendix A of the Pre‑Election Economic and Fiscal Outlook 2007.
- Real growth is calculated using the Consumer Price Index.
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