05 Mar

February 2017 Economic Review

Executive Summary:

The 2017/18 expenditure budget has been tabled in the Houses of Parliament. The budget calls for expenditure of $710.0B, a 19.8% increase over the revised 2016/17 estimates. This is a significant reversal as expenditure in the current year (2016/17) was 26.7% lower than in 2015/16. Interestingly, although this budget calls for a substantial increase over last year, it is still lower than the expenditure of $808.4B in 2015/16.

Economic Review Feb 2017

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