Budget Review October 2022–23 Index
Christopher McGann
The following figures use data from Budget
strategy and outlook: budget paper no. 1: October 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 2021–22 dollars 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
Note: ‘(e)’ means that figures are
budget estimates.
Source: Australian
Government, Budget
Paper no. 1: Statement 11: Historical Australian Government Data,
378–379; Australian Government, Budget
Paper no. 1: Statement 10: Australian Government Budget Financial Statements,
341; Australian Government, Budget
Strategy and Outlook: Budget Paper no. 1: 2021–22: online supplementary
tables, table
3: Australian Government (accrual) revenue; Parliamentary Library calculations.
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. Economic response to Coronavirus is a
sub-function of Other economic affairs.
Source: Australian Government, Budget
Paper No. 1: Statement 6: Expenses and Net Capital Investment, 210–213;
Australian Government, Final budget outcome, various years;
Parliamentary Library calculations.
All online articles accessed October 2022
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