Budget Paper No. 1
Budget Strategy and Outlook 2017‑18
|Publication/Part||DOC Download||PDF Download|
|Budget Paper No. 1: Budget Strategy and Outlook 2017‑18||2.4MB|
|Statement 1: Budget Overview
Provides an overview of the economic and fiscal outlook. Discusses the Government's budget priorities and fiscal strategy.
|Statement 2: Economic Outlook
Provides a discussion of the economic forecasts that underlie the Budget estimates. Discusses the outlook for the domestic and international economies, and provides medium-term projections.
|Statement 3: Fiscal Strategy and Outlook
Provides a discussion of the Government's fiscal strategy, the major budget aggregates and changes in the fiscal outlook since the 2016‑17 MYEFO. Provides a discussion on the sensitivity of budget estimates to changes in economic conditions, and on confidence intervals around the economic and fiscal forecasts.
|Statement 4: Recurrent and Capital Budget
Explains the net operating balance and sets out an analysis of how the Government funds its recurrent and capital spending.
|Statement 5: Revenue
A discussion of the changes in the revenue outlook.
|Statement 5: Revenue - online supplementary tables|
|Australian Government (cash) receipts [22KB XLSX]|
|Major categories of (cash) receipts as a proportion of GDP [29KB XLSX]|
|Australian Government (accrual) revenue [25KB XLSX]|
|Major categories of (accrual) revenue as a proportion of GDP [25KB XLSX]|
|Statement 6: Expenses and Net Capital Investment
Presents estimates of general government sector expenses and net capital investment, allocated according to the various functions of government, on a fiscal balance basis..
|Statement 7: Debt Statement, Assets and Liabilities
Includes the Debt Statement and information on the major assets and liabilities on the Government’s balance sheet.
|Statement 8: Forecasting Performance and Scenario Analysis
Provides details of the historical performance of Budget forecasts for the key macroeconomic aggregates of real and nominal GDP as well as for estimates of government receipts.
|Statement 9: Statement of Risks
Discusses a range of factors that may influence the actual budget outcome in future years. This includes general fiscal risks, specific contingent liabilities and specific contingent assets.
|Statement 10: Australian Government Budget Financial Statements
Provides a single set of financial statements and discusses reporting standards, budget concepts and major budget aggregates.
|Statement 11: Historical Australian Government Data
Reports historical data for the Australian Government fiscal aggregates across the general government, public non‑financial corporations and non-financial public sectors.