NATSEM Budget Analysis 2018

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How does the 2018 Budget affect us?

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STINMOD+ Online Family Impact Model

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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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News and Commentary

Child Care Reform - How does it affect Australian families?

Child Care Reform - How does it affect Australian families?

Hai Anh La and Jinjing Li

Starting in July 2018, the new Child Care Subsidy will replace the current Child Care Benefit (CCB) and Child Care Rebate (CCR).

Politics podcast: John Hewson on the budget climate

Politics podcast: John Hewson on the budget climate

John Hewson

John Hewson, a former Liberal leader and chair in the Tax and Transfer Policy Institute at the Australian National University, describes the uncertain economic climate into which Treasurer Scott Morrison...

The Double Whammy of Private Health Insurance Schemes: spiraling costs and reducing tax incentives

The Double Whammy of Private Health Insurance Schemes: spiraling costs and reducing tax incentives

Jinjing Li

Many Australians have private health insurance, partially motivated by avoiding the hefty Medicare levy surcharge (MLS), and partially motivated by wanting a better health care service or reducing certain medical...

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RT : today! Some positive developments recently as lowest in 20 years, but still much work to be…

RT : In this week at : and , & its / , N…

RT : Our new report, ‘From girls to men: Social attitudes to gender equality in Australia’ will be launched next Wed 5 Sept! Watch…

RT : DemocracyNet proudly presents the public lecture "A Return to Basic Research in the Study of Democracy" by ed…

RT : Places still available for the DeliberateACT event featuring the work of our very own John Dryzek, & …

RT : Our STINMOD+ Online tax model has generated a lot of interest. Try it for your own personalised policy impact estimates. -…

RT : A report on the Kids in Communities study is now online: Chief Investigators include NATSEM's Robert…

RT : Very proud of our PhD student Katie Christie who is presenting her final seminar with thesis submission in a couple of weeks!…

RT : Is Canberra an age-friendly city? has projected 15% increase in over-65s from 2016 to 2020. Join our next Canberra Conver…

RT : Join Michelle Grattan, Frank Bongiorno & other eminent Australians from politics, the public service & journalism for 'H…

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