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Taxation

Policy

Budget Paper no. 3: federal financial relations 2014‑15


This Budget Paper presents information on the Commonwealth’s financial relations with State, Territory and local governments. This includes an overview of major Australian Government reforms and new developments, as well as information on payments to the States and analysis of fiscal developments in the public sector. Executive summary The 2014-15 Budget commences the critical task...
Policy

Budget Paper no. 2: budget measures 2014‑15


This Budget Paper is intended to provide comprehensive information on all Government decisions that involve changes to its revenue, expense and investing activities since the Mid-Year Economic and Fiscal Outlook 2013-14. Foreword Budget Paper No. 2 comprises three parts: • Part 1: Revenue Measures • Part 2: Expense Measures • Part 3: Capital Measures Revenue...
Policy

Budget Paper no. 4: agency resourcing 2014‑15


Introduction: The purpose of Budget Paper No. 4 is to provide a whole-of-government view of appropriations required by entities in the Budget year and their estimated staffing, expenses and net capital investment. The Paper contains three parts with tables of information as follows: 1. Agency resourcing — Appropriations required by Agencies 1.1 Total resourcing by...
Article

A history of Australian budget surpluses and deficits


Joe Hockey has unveiled the Abbott government's first Budget, one designed to reduce government debt and set us on the path to surplus. Going back to the early '70s, governments have managed debt, deficits and spending blow-outs in different ways.
Report

Auditing the auditors: the people's commission of audit


This report argues that the strength of the Commission of Audit’s conclusions is not supported by the depth of its evidence. Overview Governments are not like businesses. They provide services because the citizens demand them, not because delivering them is profitable. They collect taxes from citizens, not charge prices from customers. While a business has...