Appendix G

Australian Government taxation and spending

The charts below summarises Australian Government revenues and expenses for 2012‑13 on an accrual basis. Total revenue for 2012‑13 is expected to be $376.1 billion, a decrease of 1.7 per cent on estimated revenue since the Mid‑Year Economic and Fiscal Outlook 2011‑12. Total expenses for 2012‑13 are expected to be $376.3 billion, a decrease of 1.0 per cent on estimated expenses since the Mid‑Year Economic and Fiscal Outlook 2011‑12.