Budget Paper No. 1

Budget Strategy and Outlook 2014‑15

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Budget Paper No. 1: Budget Strategy and Outlook 2014‑15	5.5MB
Statement 1: Budget Overview Provides an overview of the economic and fiscal outlook. Discusses the Government's budget priorities and fiscal strategy.	382KB
Statement 2: Economic Outlook Provides a discussion of the economic forecasts that underlie the Budget estimates. Discusses the outlook for the domestic and international economies, and provides medium-term projections. [Chart Data]	379KB
Statement 3: Fiscal Strategy and Outlook* Provides a discussion of the Government's fiscal strategy, the major budget aggregates and changes in the fiscal outlook since the 2013‑14 MYEFO. Provides a discussion on the sensitivity of budget estimates to changes in economic conditions, and on confidence intervals around the economic and fiscal forecasts. [Chart Data]	827KB
Statement 4: Sustaining strong growth in living standards Discusses factors that will affect income growth and living standards over the medium term. [Chart Data]	347KB
Statement 5: Revenue** A discussion of the changes in the revenue outlook since the 2013‑14 MYEFO. [Chart Data]	573KB
Statement 5: Revenue - online supplementary tables	709KB
Statement 6: Expenses and Net Capital Investment A discussion of Australian Government expenses and net capital investment, including changes since the 2013‑14 MYEFO. [Chart Data]	1.2MB
Statement 7: Debt Statement, Assets and Liabilities Includes the Debt Statement and information on the major assets and liabilities on the Government’s balance sheet. [Chart Data]	590KB
Statement 8: Statement of Risks Discusses a range of factors that may influence the actual budget outcome in future years. This includes general fiscal risks, specific contingent liabilities and specific contingent assets.	635KB
Statement 9: Australian Government Budget Financial Statements Provides a single set of financial statements and discusses reporting standards, budget concepts and major budget aggregates.	1.4MB
Statement 10: Historical Australian Government Data Reports historical data for the Australian Government fiscal aggregates across the general government, public non‑financial corporations and non-financial public sectors.	379KB

* A figure in Statement 3 (second dot point under Parameter and other variations of payment estimates) has been corrected and differs from that published in the printed version.

** A figure in Table 8 of Statement 5 has been corrected and differs from that published in the printed version.