Alt text for Budget 2013-14 Overview

Page two - Figure one:

Cumulative GDP growth since December 2007

Description: The chart shows indexes of real GDP in Australia, Canada, United States, Japan and the euro area since December 2007. Between December 2007 and December 2012, the level of real GDP increased by 13.3 per cent in Australia, by 5.5 per cent in Canada and 2.5 per cent in the United States. Between December 2007 and December 2012, the level of real GDP decreased by 2.6 per cent in the euro-area and by 1.7 per cent in Japan.

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Page two - Figure two:

Cumulative employment growth since December 2007

Description: This chart shows that Australia's employment growth since December 2007 has outperformed that of each of the major advanced economies (the United states, Japan, Germany, France, Italy, the United Kingdom and Canada). The United States, Japan, France and Italy are yet to regain their December 2007 employment levels.

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Page three:

Improving the underlying cash balance from the effects of revenue write-downs and other variations

Description: This chart shows how the Government is improving the underlying cash balance from the effects of revenue write-downs and other variations

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Page four:

A stronger, smarter and fairer Australia

Description: Stronger: $24 billion in road, rail and ports in our cities and regions over the next six years; $1 billion plan for Australian jobs; $330 million to support the Tasmanian Forests Agreement. Smarter: $9.8 billion over six years for A National Plan for School Improvement; $1.1 billion investment in early childhood education; $97 million for additional Commonwealth supported places for sub-bachelor and post-graduate courses. Fairer: $19.3 billion over seven years from 2012-13 to roll out DisabilityCare Australia across the country; $226 million to deliver world leading cancer care for Australians; $300 million over four years to support jobseekers in the transition to work.

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Page five:

Making Room for the National Plan for School Improvement and DisabilityCare Australia

Description: This chart shows that long-term saves made at 2013-14 Budget and 2012-13 MYEFO make room for DisabilityCare Australia and the National Plan for School Improvement.

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Page six - Figure one:

OECD reading results (2000, 2003, 2006, 2009)

Description: Chart shows Australian students' mean reading results in PISA tesing

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Page six - Figure two:

Australian year 9 reading results by parental education levels

Description: Chart shows the average NAPLAN reading scores for year 3, 5, 7 and 9 students split by parental educational attainment

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Page seven:

Commonwealth spending on schools under the National Plan for School Improvement, compared to previous arrangements

Description: Chart of Commonwealth spending on schooling from 2007-08 to 2022-23, showing spending at a higher level and increasing more rapidly as a result of school funding reforms in this Budget.

Take me back to page 7 of the Budget 2013-14 overview

Page nine:

Total Australian Government funding for DisabilityCare Australia and other disability services

Description: Chart showing the estimated levels of Australian Government funding for DisabilityCare Australia and other Disability services from 2013-14 to 2019-20. The chart shows that the Australian Government's funding for DisabilityCare Australia is increasing as the scheme is rolled out from 2013-14.

Take me back to page 9 of the Budget 2013-14 overview

Page ten:

Per person Australian Government transport infrastructure funding per annum

Description: This chart shows the average Federal Government transport infrastructure spending on a per capita basis each year over the period 2002-03 to 2007-08 compared with the period 2007-08 to 2013-14, in each State and Territory.

Take me back to page 10 of the Budget 2013-14 overview

Page eleven:

Key infrastructure projects receiving Australian Government funding

Description: This chart lists some major projects which the Government has recently provided funding towards, in each State and Territory.

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Page twelve:

National Broadband Network fibre construction

Description: This image shows the number of premises in each State and Territory of Australia where construction of the National Broadband Network fibre will commence or be complete by 30 June 2016. Ths image also indicates that construction of the National Broadband Network fibre will be complete in the Northern Territory and Tasmania by the end of 2015.

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Page thirteen:

Investing in our regions

Description: This chart shows the Government's suite of regional funding programs to improve the lives, well being and growth opportunities for regional Australia.

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Page fourteen:

Productivity in broadacre agriculture

Description: This chart displays broadacre agricultural productivity from 1977-78 to 2010-11 indexed to 1977-78 = 100. This shows an upward trend in productivity in broadacre agriculture from 1977-78 to 2010-11.

Take me back to page 14 of the Budget 2013-14 overview

Page fifteen:

Estimated cash payments under the NDRRA, 2012-13 to 2016-17

Description: This chart shows estimated cash payments by the Commonwealth under the Natural Disaster Relief and Recovery Arrangements (NDRRA) for the period 2012-13 to 2016-17. Estimated payments to all states and territories, and to Queensland, are both shown.

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Page sixteen:

Commonwealth Funding for Hospitals

Description: This chart shows projections of the additional funding provided by the Commonwealth to public hospitals under the National Health Care Agreement (NHRA) as compared to under the former the National Healthcare Specific Purpose Payment (SPP). The chart shows that growth in Commonwealth funding for public hospitals is set to increase substantially from 2014-15 due to the Commonwealth's commitment under the NHRA to fund 45 per cent (increasing to 50 per cent from 2017-18) of efficient growth in public hospital services.

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Page seventeen:

Incidence of the five most commonly diagnosed cancers, 2009

Description: This chart shows the incidence of the five most commonly diagnosed cancers in 2009. These are, in descending order of incidence, prostate cancer, bowel cancer, breast cancer, melanoma of the skin, and lung cancer.

Take me back to page 17 of the Budget 2013-14 overview

Page eighteen:

Workforce participation rates of Mature Age Workers

Description: This chart shows that from 2001-02 to 2011-12, labour force participation rates of both males and females aged 55 to 70 has increased substantially. For females, the increase in the mature age participation rate was from around 30 per cent in 2001-02 to around 45 per cent in 2011-12 and for males the increase was from around 50 per cent in 2001-02 to around 60 per cent in 2011-12.

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Page eighteen:

Life expectancy at 60 years of age

Description: The chart illustrates period life expectancy at birth for persons from 1960 to 2010 (actual) and 2010 to 2050 projected for persons for Australia and the average of OECD countries. The data has been derived from the United Nations, Population Division, World Population Prospects, 2010 Revision. The chart illustrates that life expectancy at birth has been increasing and is projected to continue to increase, although at a slower rate. The chart also illustrates that Australia has a higher life expectancy at birth than the OECD average and this differential is projected to remain.

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Page nineteen:

Projected increase in aged care packages

Description: This chart shows the projected number of aged care packages out to 2021-22 and compares this with projected growth in the population of Australians aged 70 and over. As a result of the Government's reforms, the number of aged care packages will increase from 113 per 1,000 Australians aged 70 and over in 2012-13 to 125 per 1,000 Australians aged 70 and over by 2021-22.

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Page twenty:

Projected increase (in 2013 dollars) in benefits at retirement from Superannuation Guarantee increase

Description: This chart shows the projected boost to retirement savings that the increase to the superannuation guarantee will have for individuals on the minimum wage and individuals earning "average weekly ordinary time earnings" at different age points. The superannuation guarantee will increase from 9 per cent to 9.25 per cent on 1 July 2013 and increase further each year until it reaches 12 per cent from 1 July 2019. This chart shows that a 30 year old earning the minimum wage can expect an increase to their superannuation balance on retirement of around $62,000 while an individual on average weekly ordinary time earnings can expect an increase of around $127,000. Both of these amounts are in 2013 dollars. An individual at age 50 earning the minimum wage can expect an increase of around $16,000 in retirement savings. An individual aged 50 earning average weekly ordinary time earnings can expect an increase of around $30,000 in retirement savings as a result of these reforms. Both of these amounts are in 2013 dollars.

Take me back to page 20 of the Budget 2013-14 overview

Page twenty-one - Figure one:

Change in concession for superannuation contributions (cents per dollar of contributions)

Description: The first chart shows the change in concession for superannuation contributions available in 2007-08 compared to 2012-13 at different income points. This chart shows a decrease in cents per dollar of concession from 30 cents to 15 cents for the top 1 per cent of income earners between these years. The chart also shows an increase for individuals on the minimum wage from having no concession to a concession of 19 cents in the dollar.

Take me back to page 21 of the Budget 2013-14 overview

Page twenty-one - Figure two:

Change in concession for superannuation contributions (average dollar value of total concession)

Description: The second chart is similar to the first chart but shows the change in concessions for superannuation contributions between 2007-08 and 2012-13 in average dollar value amounts. For the top 1 per cent of income earners, the average dollar value of total superannuation concessions decreased from $12,980 to $3,240 between 2007-08 and 2012-13. For individuals on the minimum wage, the average dollar value of superannuation tax concessions increased from $210 in 2007-08 to $570 in 2012-13. In both charts there is a only a relatively small change in the amount of concession for individuals on average weekly ordinary times earnings.

Take me back to page 21 of the Budget 2013-14 overview

Page twenty-two:

Asia’s economic resurgence is set to continue

Description: Between 1820 and 1950, income per person in Asia remained under $1,000 and GDP slowly increased to around $1 trillion. Since 1950, both income per person and GDP have increased significantly. This trend is expected to continue to 2025, with income per person likely to increase to around $15,000 and GDP to rapidly increase.

Take me back to page 22 of the Budget 2013-14 overview

Page twenty-three:

Percentage of firms reporting increases in business indicators compared to previous year, 2010-11

Description: This chart shows that innovation-active firms are more likely to report increased income, profitability, productivity, jobs growth and employee training compared to non innovation-active businesses.

Take me back to page 23 of the Budget 2013-14 overview

Page twenty-four:

Higher Education Funding

Description: This shows higher education funding from 2003-04 to 2016-17, including the efficiency dividend saving from this Budget. Also shown is a comparison of what higher education funding would have been from 2013-14 to 2016-17 without the efficiency dividend saving.

Take me back to page 24 of the Budget 2013-14 overview

Page twenty-five:

Number of enrolled students in Vocational Education and Training since 1997

Description: This chart shows the number of students participating in Vocational Education and Training from 1997 to 2011. Between 1997 and 2000 student numbers increased from around 1.45 million to 1.72 million, before falling to 1.69 million in 2001. Since 2001, student numbers have gradually risen to 1.88 million in 2011.

Take me back to page 25 of the Budget 2013-14 overview

Page twenty-six:

Impact of recent reforms on disposable income for person on $18,000 a year

Description: This chart shows the impact of a number of policy reforms on the disposable income for a single person on Newstart Allowance with no kids, and a single person on Newstart Allowance with 2 kids, earning $18,000 per annum. Due to the policy reforms including, the increase in the tax free threshold; the increase in the income free area for Newstart Allowance; and the Income Support Bonus, a single person with no kids will be approximately $1,200 better off, and a single person with 2 kids will be approximately $1,100 better off. A single person with 2 kids will also recieve up to $1,600 more for training, and $2,500 from the more generous taper rate.

Take me back to page 26 of the Budget 2013-14 overview

Page twenty-seven:

Commonwealth spending on the child care system and child care assistance

Description: The chart shows growth in Commonwealth spending on the child care system and child care fee assistance from 2003-04 to 2016-17, with a large increase from 2008-09 due mainly to the increase in the Child Care Rebate from 30 to 50 per cent. The expenditure is projected to continue increasing over the forward estimates.

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Page twenty-eight:

Countries moving to tackle climate change under the Cancun Agreements (indicated in dark blue)

Description: This image highlights the number of countries with an emissions trading scheme, and those who are planning on implementing one. Those currently with emissions trading schemes include the European Union, Australia, Kazakhstan, parts of the US, Canada and Japan and New Zealand. Those who are planning to implement an Emissions Trading Scheme are China, South Korea and Belarus.

Take me back to page 28 of the Budget 2013-14 overview

Page twenty-nine:

Changes in domestic emissions due to the carbon price

Description: This chart shows domestic emissions reductions, from particular sources, as a result of carbon pricing in 2020 and 2030 respectively. The sources featured are the electricity, fugitive emissions, industrial processes, transport and other.

Take me back to page 29 of the Budget 2013-14 overview

Page thirty:

Supporting our communities through returning the proceeds of crime since November 2007

Description: A pie chart that shows the Government's $150 million package of measures split into individual elements.

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Page thirty-one:

Creative Australia: the national cultural policy for the decade

Description: A flow chart highlighting the elements of the Government's national cultural policy: Creative Australia.

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Page thirty-two:

2012 military expenditure (current US$) per capita for Australia, G7 countries and China

Description: The chart shows defence spending per capita in 2012 for Australia, G7 countries and China in US$2012. Of this group of countries, the United States has the highest per capita spending, followed by Australia, with China spending the least per capita by a significant margin.

Take me back to page 32 of the Budget 2013-14 overview

Page thirty-three:

Key features of the veterans’ mental health package

Description: This figure outlines the main elements of the veterans mental health package which include elements to: a) expand access to mental health services; b) strengthen mental health support for veterans; and c) improve claims processing. Policies which expand access to mental health services include: providing non-liability health cover; providing GP health assessment; and, expanding counselling eligibility to the Veterans and Veterans Families Counselling Service. Policies which strengthen mental health support for veterans include: adding the LifeSMART module to the Department of Veterans' Affairs web portal; and providing peer-to-peer support networks. Policies which improve claims processing include: improving the processing time for compensation claims; and establishing shepherded pathways to increase support for veterans lodging a claim.

Take me back to page 33 of the Budget 2013-14 overview

Page thirty-four:

Comparison of inward Foreign Direct Investment and GDP (2011)

Description: This chart shows a comparison of gross domestic product to inward foreign direct investment for the British Virgin Islands, Bermuda, the Cayman Islands and an average for Organisation for Economic Cooperation and Development countries. In the case of the three small islands, inward Foreign Direct Investment significantly exceeds the Gross Domestic Product of each of the countries. This is very different to the Organisation for Economic Cooperation and Development countries where inward foreign direct investment is only around one-third of Gross Domestic Product.

Take me back to page 34 of the Budget 2013-14 overview

Page thirty-five:

Debt loading

Description: This diagram shows a foreign parent company acquiring another foreign company but then refinancing the arrangement through Australia. This refinancing involves the foreign parent company utilising an Australian subsidiary, lending it money for the purpose of acquiring the other foreign company. The Australian company purchases the foreign company using a special hybrid share as a result the diagram shows an exempt dividend flow coming back to Australia. The package will address this loophole by ensuring the exemption cannot apply to returns on debt. The Australian company can then also claim a deduction for the interest payments that flow back to the parent company. The package will repeal this provision that allowed a deduction to be claimed for interest expenses incurred in deriving certain exempt foreign income. The combined effect of this structure has been to wipe out the Australian taxable income of a mature Australian company. The Commissioner of Taxation has observed replication of this structure.

Take me back to page 35 of the Budget 2013-14 overview

Page thirty-six:

Rate per 1000 persons receiving Medicare Benefits Schedule Health Assessments, by age group, Indigenous Australians, January - March 2006 to October - December 2011

Description: Graph shows an increase in the number of Medical Benefits Schedule Health Assessments for Indigenous Australians. There is a significant rise in Assessments after the National Agreement on Closing the Gap in Indigenous Health outcomes began in Quarter 3 of 2009, especially for Indigenous people over 55.

Take me back to page 36 of the Budget 2013-14 overview

Page thirty-seven - Figure one:

Total revenue write-ups (Budget 2003-04 to 2008-09) and total write-downs (Budget 2008-09 to 2013-14)

Description: This chart shows that revenue was written up substantially from the 2003-04 Budget to 2008-09 Budget. In contrast, the period since the 2008-09 Budget has seen significant revenue write-downs.

Take me back to page 37 of the Budget 2013-14 overview

Page thirty-seven - Figure two:

Underlying cash balance comparison if tax receipts had remained on average at 23.7 per cent of GDP

Description: The chart compares the Government's underlying cash balance (UCB) with an alternative UCB had tax receipts remained at the level inherited by this Government in 2007-08 (23.7 per cent of GDP) then, with all other things equal, the Government would have been achieving budget surpluses from 2012-13 onwards. The 2013-14 Budget estimates budget surplus in 2015-16.

Take me back to page 37 of the Budget 2013-14 overview