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 @DelDemUCan: For your weekend playlist: In the latest episode of our #BookDrop series, our PhD student @WendyConwayLamb talks to @hayley…

RT @DelDemUCan: Happening tomorrow at @UCIGPA @UniCanberra. All welcome! https://t.co/E4tRyUKgrW

RT @DelDemUCan: That’s a wrap for #DelibDem Seminar Series 2018! Thanks to all presenters esp to @hayley_stev for visiting us in @UniCanber…

RT @engage2govern: @MoAD_Canberra & @UCIGPA are working together on a new initiative, #Democracy2025, to rebuild trust & strengthen democra…

RT @DelDemUCan: How can deliberative democracy respond to the power of corporations in public life? Our postdoc fellow Jensen Sass presents…

RT @bel_robinson_: How do rural Communities in an urbanising world not just survive, but thrive? Come and hear from someone who has devote…

RT @robtanton: Moving from estimating wellbeing to prediction using modelling - talk to us at the OECD world forum on statistics, knowledge…

RT @Virginia_Hauss: Joy! A hard slog of a year. But a sweet end! Our 50/50 by 2030 Foundation team is delighted to win @UniCanberra Vice Ch…

RT @robtanton: Sajeda Tuli talking about knowledge economies in regional Australian towns at #anzrsai2018@NATSEM_UC⁩ ⁦@UCIGPA⁩ ⁦@UniCanbe…

Far from rosy, ACT budget at its weakest in a long time, say IGPA Fellows Jon Stanhope and Khalid Ahmed… https://t.co/EgBIzNv2nV

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