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This report examines the revenue, expenditure, net capital investment and the net debt position across all levels of Australian government over the forward estimates period. It provides an update to the national fiscal outlook, based on Commonwealth and state government budget updates.
This paper shows that if the bank levy proposed in the 2017-18 budget was passed through in full to shareholders in the form of reduced dividends, then at most it would impact the average superannuation balance by $7 a year
The Parliamentary Budget Office (PBO) commenced operations in 2012, with broad support from the Parliament. The structure, resourcing and protocols for the PBO reflected the recommendations of the Joint Select Committee on the Parliamentary Budget Office.
The PBO’s legislation enables the Joint Committee of...
The Commonwealth government’s perilous financial position is well known, but the finances of state government also warrant our attention. In aggregate, since plunging heavily into deficit after 2007, the states’ fiscal position has improved markedly in recent years, marked by a return...
Data contained in these charts are primarily based on information published in the 2016–17 MYEFO, as well as the 2016–17 Budget, the 2015–16 Final Budget Outcome and government agency annual reports. Where applicable, additional information provided by agencies has supplemented the publicly available information....
The purpose of this research was to estimate the impact on the New Zealand government's fiscal costs and revenues of transitioning households along the housing continuum; from social renting towards owner-occupancy.