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 @FionaMenzies17: Final session of #PASummit2019 kicking off, facilitated by @Virginia_Hauss on technology and data https://t.co/uUF8Iwdo…

RT @UniCanberra: UC Director of Sport Carrie Graf, Director of @UCIGPA @Virginia_Hauss, @canberratimes Sports Journo @BlockaDutton, @WNBL c…

RT @Grant_Hooper: 3. Reduces our ability & willingness to work across borders/jurisdictions; & 4. Reduces our ability to play a meaningful…

RT @Grant_Hooper: @MarkEvansACT - why does declining trust in government (& institutions) matter? 1. Detracts from our ability to address L…

RT @NATSEM_UC: 13 Nov is our Annual NATSEM Address when Dennis Trewin AO FASSA, former Australian Statistician, will be talking about measu…

RT @MendoncaRF: Our paper on contemporary protests as events was finally published! Thank you @selenAercan, @umut_ozguc, Stephanie Reis and…

RT @Virginia_Hauss: Big questions for philanthropy here about the role & support of government #PASummit2019 @MarkEvansACT @UCIGPA @UniCanb…

RT @KSeibertAu: Really interesting example from Prof Mark Evans of how philanthropy has supported democracy in the UK - the Joseph Rowntree…

The #Democracy2025 reports as referred to below can all be found here https://t.co/AUQiddtAyE @MarkEvansACT @UCIGPAhttps://t.co/mu0g7yVk8z

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