This publication provides a graphical summary of information contained in the Australian Government's 2026–27 Budget. It covers:

• trends in the budget aggregates
• programs and measures
• expenses and revenue
• key terms and notes.

Key points

• Historically, significant deficits triggered by major economic shocks have typically been followed by periods of fiscal repair.
• Gross debt is expected to reach $1.1 trillion during 2027–28.
• Of the 137 measures in the 2026–27 Budget, the largest 10 measures improve the underlying cash balance by around $10.9b.
• Payments to the states and territories – primarily GST payments – remain the largest expense.
• National Disability Insurance Scheme expenses have been the fastest growing expense.