Download - ACOSS 2014-15 budget analysis
Budget Analysis, 2014-15 1
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1.5 State of the budget
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Expenditure Revenue
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-0.9%0.8%
2.1% 2.3%3.1% 3.6%
4.9%5.6% 5.9% 6.2%
6.9%8.0%
8.5%
11.5%
13.1%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
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1.6 Effects of Budget decisions on the bottom line
Estimates Projections
2013-14 2014-15 2015-16 2016-17 Total
$m $m $m $m $m
Effect of policy decisions
Receipts -2 673 1,916 2,786 5,373
Payments 512 1,045 4,018 7,628 12,180
2014-15 Budget underlying cash balance (a)
-49,855 -29,773 -17,084 -10,562 -107,275
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Fringe benefits tax1%
Superannuation taxes
2%
Company and resource rent
taxes19%
Sales taxes15%
Fuels excise5%
Other excise2%Customs duty
2%Other taxes
1%
Non-tax revenue,
22.5
Individuals income tax, 183.6
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All other functions10%
Social security and welfare
35%
Other purposes20%
Health16%
Education7%
Defence6%
General public services
6%
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