Budget Paper No. 1: Budget Strategy and Outlook
2007-08 |
1.6MB |
Preliminaries |
87KB |
Statement 1: Fiscal Strategy and Budget Priorities |
176KB |
- Provides an overview of the economic and fiscal outlook.
- Discusses the Government's budget priorities and medium-term fiscal strategy.
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Statement 2: Fiscal Outlook |
145KB |
- Provides a brief discussion of the major budget aggregates and changes since the 2006-07 MYEFO.
- Provides a discussion on the sensitivity of budget estimates to changes in economic conditions.
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Statement 3: Economic Outlook |
204KB |
- Provides a discussion of economic developments since the 2006‑07 MYEFO.
- Discusses the outlook for the domestic and international economies, and provides economic forecasts.
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Statement 4: Australia's Labour Force Utilisation |
233KB |
- Examines Australia's labour force utilisation in international and historical context, and the role of recent Government policy in influencing labour market decisions.
- Examines characteristics of casual employment and the relationship between flexible labour markets and employment security.
- A forward look is taken at the likely long-term trend in labour utilisation.
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Statement 5: Revenue |
297KB |
- A discussion of the changes in the revenue outlook since the 2006‑07 MYEFO.
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Statement 6: Expenses and Net Capital Investment |
196KB |
- A discussion of Australian Government expenses and net capital investment, including changes since the 2006‑07 MYEFO.
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Statement 7: Asset and Liability Management |
89KB |
- Discusses the management of the major assets and liabilities on the Government's balance sheet.
- Provides detailed information on Australian Government net debt and net worth.
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Statement 8: Financial Reporting Standards and Budget Concepts |
95KB |
- Discusses reporting standards, budget concepts and major budget aggregates.
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Statement 9: Government Finance Statistics Statements |
102KB |
- Provides Government Finance Statistics financial statements for Australian Government sectors.
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Statement 10: Australian Accounting Standards Financial Statements |
165KB |
- Provides Australian Accounting Standards financial statements and accompanying notes for the Australian Government general government sector.
- Provides additional Australian Government agency statistics.
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Statement 11: Statement of Risks |
198KB |
- Discusses a range of factors that pose a risk to the actual budget outcome in future years. These risks include changes in parameters, fiscal risks and contingent liabilities.
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Statement 12: Trends in Public Sector Finances |
147KB |
- Provides trends in finances for the Australian and State/local levels of government along with the consolidated non-financial public sector.
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Statement 13: Historical Australian Government Data |
86KB |
- Provides historical Australian Government data for the general government sector, the public non-financial corporations sector and the non‑financial public sector.
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