Australian Government, 2012‑13 Budget
Budget

Statement 10: Historical Australian Government Data (Continued)

Table 1: Australian Government general government sector receipts, payments and underlying cash balance(a)

(a) Data have been revised in the 2012‑13 Budget to improve accuracy and comparability through time.

(b) Receipts are equal to receipts from operating activities and sales of non‑financial assets.

(c) Payments are equal to payments for operating activities, purchases of non‑financial assets and net acquisition of assets under finance leases.

(d) Underlying cash balance is equal to receipts less payments, less Future Fund earnings. For the purposes of consistent comparison with years prior to 2005‑06, Future Fund earnings should be added back to the underlying cash balance.

(e) Estimates.

(f) Real spending growth using the non‑farm GDP deflator has not been used as the relevant measure of real spending growth since 2007‑08, and is included for comparative purposes only. Real spending growth using the Consumer Price Index as the deflator is the benchmark against which the Government's fiscal strategy has been based since it was introduced.

(p) Projections.

Table 2: Australian Government general government sector taxation receipts, non‑taxation receipts and total receipts(a)

(a) Data have been revised in the 2012‑13 Budget to improve accuracy and comparability through time.

(b) Receipts are equal to receipts from operating activities and sales of non‑financial assets.

(e) Estimates.

(p) Projections.

Table 3: Australian Government general government sector net debt and net interest payments(a)

(a) Data have been revised in the 2012‑13 Budget to improve accuracy and comparability through time.

(b) Net debt is equal to the sum of deposits held, advances received, government securities, loans and other borrowing, minus the sum of cash and deposits, advances paid and investments, loans and placements.

(c) Net interest payments are equal to the difference between interest paid and interest receipts.

(e) Estimates.

(p) Projections.

Table 4: Australian Government general government sector revenue, expenses, net capital investment and fiscal balance(a)

(a) Data have been revised in the 2012‑13 Budget to improve accuracy and comparability through time.

(b) Fiscal balance is equal to revenue less expenses less net capital investment.

(e) Estimates.

(p) Projections.

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