NATSEM Budget Analysis 2018

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How does the 2018 Budget affect us?

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2016-17 Budget

24.2% of GDP (Revenue) 2.2% of GDP (Deficit) $19.1 Billion increase in Expense

The total revenue for 2016-17 is expected to be $416.9 billion with an expense of $450.6 billion dollars. The deficit is about 2.2% of the GDP which is 0.2 percentage point lower compared with 2015-16. (Source: Budget Paper 2016-17)

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2015-16 Budget

24.0% of GDP (Revenue) 2.4% of GDP (Deficit) $13.6 Billion Increase in Expense

The total revenue for 2015-16 is estimated to be $396.4 billion with an expense of $431.5 billion dollars. The deficit is about 2.4% of the GDP which is 0.1 percentage point lower compared with 2014-15. (Source: Budget Paper 2016-17)

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RT @VCOSS: Somebody on @RNBreakfast earlier today said no Australians on the minimum wage are living in poverty. This is simply untrue.…

RT @DelDemUCan: We are pleased to announce that Jane Suiter (Dublin City Uni) & Cristina Lafont (Northwestern Uni) are headlining the 2020…

RT @policy_space: New for The Policy Space: by Peter Bridgewater “Why Landcare is Important in this Election” https://t.co/vLmUj7Regy #land…

The next IGPA Indonesian Seminar is on 3 May https://t.co/twHhJKcoDb https://t.co/bfemnzT2vJ

RT @BroadAgenda5050: “We often see seemingly trivial issues-such as a slip-up at a Bunnings sausage sizzle—generate more public engagement…

RT @NicoleCurato: We need a visual, sonic, and corporeal account of deliberative theory. @Hans_Asenbaum presents co-authored paper w @Mendo…

RT @BenLeruth: Really pleased to see our article on British party positions and public attitudes on immigration in the latest issue of @Jou…

RT @Janealver: Thanks @devex & @lisa_cornish for amplifying our call to ensure inclusion of sexual & gender minorities in #genderinAg resea…

RT @DelDemUCan: Here's a short clip for your weekend playlist: John Dryzek talks about how distortions of communication relate to the crisi…

RT @DelDemUCan: PhD students at various stages of their dissertation are welcome to apply to the Fourth Deliberative Democracy Summer Schoo…

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