Budget Review 2022–23 Index
Christopher McGann
The following figures use data from Budget
Strategy and Outlook: budget paper no. 1: 2022–23 to show the Australian
Government’s major sources of revenue and key areas of expenditure by selected Government
Finance Statistics functions. Budget papers and broader reporting of these
data conventionally use nominal values, which do not account for inflation. These
figures have been converted to 2020–21
dollars (see ‘Change to Real $’) to allow for inflation adjusted comparisons using
the Consumer Price Index (CPI) results and forecasts from Budget paper no. 1
(p. 6).
Figure 1 Australian
Government revenue by source, 2007–08 to 2025–26
Notes:
‘(e)’ means that figures are budget estimates
Source: Australian
Government, Budget Paper No. 1: Statement 4: Revenue, 112; Australian Government, Budget Paper No. 1: Statement 9: Australian Government
Budget Financial Statements, 309; Australian
Government, Budget Strategy and Outlook: Budget Paper No. 1:
2021–22: online supplementary
tables, table 3: Australian Government (accrual) revenue; Parliamentary Library
estimates.
Figure 2 Australian Government expenditure by function, 2007–08 to 2025–26
Notes: ‘(e)’ means that
figures are budget estimates
All other expenses includes: General
public service, Public order and safety, Recreation and culture, Agriculture,
forestry and fishing, Mining, manufacturing and construction, Other economic
affairs and Other purposes.
Public Debt interest and
General revenue assistance are sub-functions of Other purposes and Economic
response to Coronavirus is a sub-function of Other economic affairs.
Source: Australian Government, Budget Paper No. 1: Statement 5: Expenses and Net
Capital Investment, 180-183;
Australian Government, Final budget outcome,
various years; Parliamentary Library estimates.
All online articles accessed April 2022
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