7 Dec 2017

Returning the Australian Government’s finances to a sustainable position following the global financial crisis continues to present a challenge for government. While the 2017–18 Budget projects a return to surplus and a decline in net debt, these projections are subject to risk and uncertainty....

Briefing paper

30 Nov 2017

Every year, the Parliamentary Budget Office (PBO) prepares a large number of policy costings for parliamentarians. These provide estimates of the impact of the proposed policies on the Australian Government Budget over the next decade.

Individual policies can affect the...

Briefing paper

30 Nov 2017

Every year, the Parliamentary Budget Office (PBO) prepares a large number of policy costings for parliamentarians. In 2016–17, for example, we prepared over 1,600 policy costings. Each costing provides an estimate of the proposed policy’s financial implications on the Australian Government Budget over the next...

Discussion paper

27 Nov 2017

The Parliamentary Budget Office Review 2016–17 — Report of the Independent Review Panel (the PBO review) reported that there is a lack of understanding of the factors that determine how long it takes the Parliamentary Budget Office (PBO) to complete a costing and of the...


19 Oct 2017

This report provides a national perspective on the fiscal outlook, examining outcomes across all levels of Australian government on a consistent basis. The first part of the report highlights how the national fiscal outlook has changed since jurisdictions released their 2016–17 Budgets. The second part...


11 Oct 2017

The PBO’s 2017–18 Budget medium-term projections report identified that the projected return to surplus in 2020–21 is predominantly due to a projected increase in personal income tax revenue.

The average tax rate faced by individuals is estimated to increase by 2.3 percentage points over...

Policy report

11 Oct 2017

We think New Zealand voters should be given better information about the fiscal consequences of political parties’ election promises. We offer some observations and suggestions on how.

During the last election campaign, the Labour and National parties debated the fiscal consequences of their policy...

Draft report

9 Oct 2017

The Productivity Commission has been asked to undertake an inquiry into Australia’s system of horizontal fiscal equalisation (HFE) as the basis for the distribution of GST revenue to the States and Territories (hereafter States). The Productivity Commission is to consider the influence the current system...

Technical report

13 Sep 2017

Costings produced by the Parliamentary Budget Office (PBO) are estimates of the financial impact of policy proposals on the Commonwealth Government’s budget. They generally cover a future time period of between four and 10 years. Despite being the PBO’s best possible estimates of the budget...

Fact sheet

8 Sep 2017

Due to a Government review of all Royalties for Regions initiatives, purportedly prioritising jobgenerating regional election commitments and the delivery of community infrastructure and services, a change has been made to how Royalties for Regions funding will be allocated. It will now be used for...


5 Sep 2017


This is the budget speech delivered in Parliament by the Treasurer on 7 September 2017. It outlines the priorities of the Government for the budget year and is the formal second reading of the Recurrent and...

Research report

10 Aug 2017

This paper reports on trends in NSW State finances between 2002-03 and 2017-18 (inclusive). For most of the key indicators, the paper also shows trends by Parliament for the current (56th) Parliament and previous three Parliaments.

Note that the NSW public sector (the total...


5 Jul 2017

The 2017–18 Budget papers include projections of the underlying cash balance, net debt and net financial worth to 2027–28 but do not include projections of receipts and payments beyond the forward estimates period ending 2020–21.

In this report the Parliamentary Budget Office (PBO) provides...

Discussion paper

4 Jul 2017

The research finds that the banks are not only very capable of paying the 0.0036% levy on the same liabilities that the federal government levy is based on, but also that the levy is good economics, justified by the unique structures governing banking in Australia...


22 Jun 2017

Modern health services, jobs aligned with future industries and neighbourhoods where families can live safely and children receive high quality education — these are the benchmarks the government sets in this state budget.

A new Future Jobs Fund will build on measures in recent...

Policy report

20 Jun 2017

This Government recognises the valuable contribution of our regions and is committed to supporting their growth and prosperity by investing in services and infrastructure across New South Wales.

The Government is on track to meet the Restart NSW priority infrastructure target of allocating 30...

Briefing paper

20 Jun 2017

Budget Paper No. 2 Infrastructure Statement provides information on the Government’s infrastructure investment program. The objectives of this budget paper are to:

support transparency and accountability by reporting on planned capital expenditure covering new works and works -in -progress explain how resources have...


20 Jun 2017

The 2017-18 Budget continues the record program with capital spend of $72.7 billion in the four years to 2020-21. The Government’s commitment in 2017-18 is $22.3 billion. This includes major infrastructure projects and programs to realise opportunities for economic growth and provide for our local...

Discussion paper

15 Jun 2017

This report models the impact of an increased Medicare Levy in comparison to a progressive Medicare Levy, more like income tax, on the spread of Australian income earners.

The Turnbull Government proposes to increase the Medicare levy to 2.5 per cent of income from...


12 Jun 2017

This is the seventh Per Capita Tax Survey, which has been conducted annually since 2010, with the exception of 2013.

The Survey provides a snapshot of the Australian public’s attitudes towards taxation and public expenditure, and a long-term view of trends in public sensibility...