Australian Government, 2010‑11 Budget
Budget

ECONOMIC STATEMENT

JULY 2010

STATEMENT BY

THE HONOURABLE WAYNE SWAN MP

DEPUTY PRIME MINISTER AND TREASURER
OF THE COMMONWEALTH OF AUSTRALIA

AND

THE HONOURABLE LINDSAY TANNER MP

MINISTER FOR FINANCE AND DEREGULATION
OF THE COMMONWEALTH OF AUSTRALIA


© Commonwealth of Australia 2010

ISBN 978-0-642-74624-5

Notwithstanding the general copyright licence provided for on www.budget.gov.au, and with the exception of the Commonwealth Coat of Arms and Parts 1, 2, 3 and 4 and Appendix C all material presented in this document is provided under a Creative Commons Attribution 2.5 Australia (http://creativecommons.org/licenses/by/2.5/au/) licence.

For the avoidance of doubt, this means this licence only applies to material as set out in this document.

Creative Commons - Attribution

The details of the relevant licence conditions are available on the Creative Commons website (accessible using the links provided) as is the full legal code for the CC BY 2.5 AU licence
(http://creativecommons.org/licenses/by/2.5/au/legalcode).

The document should be attributed as the Economic Statement.

Use of the Coat of Arms

The terms under which the Coat of Arms can be used are detailed on the It's an Honour
(http://www.itsanhonour.gov.au/coat‑arms/) website.

Contact us

Inquiries regarding the licence and any use of this document are welcome at:

The Manager
Communications Unit
Ministerial and Communications Division
Treasury
Langton Crescent
Parkes ACT 2600

Email: medialiaison@treasury.gov.au

Internet

The Economic Statement and related information are available on the central Budget website at: http://www.budget.gov.au.

Notes

(a) The following definitions are used in the Economic Statement:

  • 'real' means adjusted for the effect of inflation;
  • real growth in expenses is measured by the Consumer Price Index (CPI) deflator;
  • one billion is equal to one thousand million; and
  • the budget year refers to 2010‑11, while the forward years refer to 2011‑12, 2012‑13 and 2013‑14.

(b) Figures in tables and generally in the text have been rounded. Discrepancies in tables between totals and sums of components are due to rounding:

  • estimates under $100,000 are rounded to the nearest thousand;
  • estimates $100,000 and over are generally rounded to the nearest tenth of a million;
  • estimates midway between rounding points are rounded up; and
  • the percentage changes in statistical tables are calculated using unrounded data.

(c) For the budget balance, a negative sign indicates a deficit while no sign indicates a surplus.

If www.budget.gov.au responds slowly or you are having trouble downloading a document, try one of the Budget Website Mirrors

Note: Where possible, Budget documents are available in HTML and for downloading in Portable Document Format(PDF). If you require further information on any of the tables or charts on this website, please contact The Treasury.