The Turnbull Government’s proposed personal income tax cuts are the largest ever proposed in a federal budget. As is outlined in this submission, the substantial reduction in revenue is not obviously consistent with the government’s medium-term fiscal strategy.
The chart pack provides a visual summary of the key drivers of the change in the budget estimates between budget updates. The unlegislated measures tables provide an update of the projected impact of unlegislated measures on current budget estimates and over the medium term.
The 2018–19 defence budget continues to deliver the vision set out in the 2016 Defence White Paper. In 2018–19, the government is increasing the defence budget towards its commitment of 2% of GDP by 2020–21.
The Budget at a Glance is the overview of all the Budget information and contains the main points for the media and public. This summarises the government's spending decisions and key issues raised in the Budget Speech, the Fiscal Strategy Report, and the Budget Economic...
This paper provides an overview of the implications for Indigenous Australians of the 2018–19 Federal Budget, focusing on both Indigenous-specific budget announcements, as well as general or mainstream measures that have particular relevance for Indigenous Australians.
The latest Turnbull Government budget proposes that Australia’s progressive tax system be overhauled to put the majority of workers on the same tax rate. This briefing paper models the distributionary effects of the proposal, showing the benefits flow overwhelmingly to the highest income earners.
This quick guide identifies information and key concepts that are used in the budget papers and related materials, and other resources that are available to analyse the budget.
This report critically responds to the call for fiscal austerity and public sector downsizing, being made in response to the emergence of fiscal deficits in Western Australia.
This paper reviews the case for personal income tax cuts, the various forms they could take, and the budgetary scope for cuts. It then suggests what the priorities should be.
The 2018 Investment Statement He Puna Hao Pātiki, shows how the Treasury is moving towards a more holistic way of assessing the government’s balance sheet, by incorporating principles from the Living Standards Framework alongside financial considerations.
This paper focusses on the processes involved in responding to a costing or budget analysis request.
This book presents and discusses a selection of papers developed from the Greater China Australia Dialogue on Public Administration’s fifth workshop held in late 2015, which focused on budget and financial management reforms, including how different nations account for the relative performance of their public...
The primary purpose of financial statements is to provide relevant and reliable information to users about a reporting entity’s financial position. In the public sector, the users of financial statements include Ministers, the Parliament and the community. ‘The objectives of a financial statements audit in...
The Mid-Year Economic and Fiscal Outlook (MYEFO) shows this year's federal deficit has improved by $5.8 billion compared to forecasts in the May budget, but it is still going to hit more than $23 billion.
This Budget Policy Statement (BPS) is the Ardern Government’s first action in preparing Budget 2018. It sets the broad fiscal parameters within which details for the budget will be determined and states the government’s priorities for the budget.