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 @mikejjensen: My testimony before the Joint Committee this morning was written up by the Guardian Russian Twitter trolls stoking anti-I…

RT @NATSEM_UC: The NATSEM Annual Address on 11 December: Rural communities in an urbanizing world: will they survive? Should urbanites care…

RT @jrpickering: The @DelDemUCan contingent at the UN CBD #biodiversity conference in Egypt. ⁦@PChalaye⁩ is tracking mainstreaming discuss…

RT @BroadAgenda5050: Today on BroadAgenda: @DrMWalsh takes a look at Germaine Greer and her provocative communication style https://t.co/N4…

RT @DelDemUCan: To our Spanish-speaking friends 🇪🇸 Check out John Dryzek’s talk on the politics of the #anthropocene. Thank you to @j4virom

Our next Canberra Conversation (29 Nov) looks at Australian Public Service Reform: Learning from the past and build… https://t.co/LBl7xfcuXH

You can read the NATSEM analysis "Returns to Education in Australia 2006-16" here https://t.co/BB9UrHVqHj https://t.co/nPEqFgNjkf

RT @duxburyjen: Congratulations Marion for finishing your PhD. We will miss you @UCIGPA https://t.co/dOXMmzkE7D

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