Search results
Results From The WOW.Com Content Network
The 2020 Australian federal budget was the federal budget to fund government services and operations for the 2020–21 financial year. The budget was presented to the House of Representatives by Treasurer Josh Frydenberg on 6 October 2020. It is the seventh budget to be handed down by the Liberal/National Coalition since their election to ...
An Australian federal budget is a document that sets out the estimated revenues and expenditures of the Australian Treasury in the following financial year, proposed conduct of Australian government operations in that period, and its fiscal policy for the forward years. [1]
The name of the government in the Constitution of Australia is the "Government of the Commonwealth". [14] This was the name used in many early federal government publications. [15] However, in 1965 Robert Menzies indicated his preference for the name "Australian Government" in order to prevent confusion with the new Commonwealth of Nations. [16]
The 2021 Australian federal budget was the federal budget to fund government services and operations for the 2021–22 financial year. The budget was presented to the House of Representatives by Treasurer Josh Frydenberg on 11 May 2021. It was the eighth budget to be handed down by the Liberal/National Coalition since their election to ...
This would be Australia's eleventh consecutive budget deficit. [22] The 2017 budget forecast government spending to be in surplus in the 2020/21 fiscal year, while the 2018 budget forecast a surplus of $2.2 billion in 2019/20. Before the COVID-19 pandemic, the government's debt level was forecast to be $629 billion in 2019/20. [22]
The Morrison government was the federal executive government of Australia, led by Prime Minister Scott Morrison of the Liberal Party of Australia, between 2018 and 2022. The Morrison government commenced on 24 August 2018, when it was sworn in by the Governor-General of Australia. [1] It was composed of members of the Liberal – National ...
The Budget deficit for 2018/19 is expected to be $4.162 billion, falling from $10.141 billion in 2017/18. [4] The surplus for 2019-20 is expected to be around $7 billion. Debt. The government's debt level was forecast to be $629 billion in 2019/20. [5]
For the 2019-2020 financial year, ASPI listed a revenue of $11,412,096.71. The ASPI received from the Australian Department of Defence 35% of its revenue, 32% from federal government agencies, 17% from overseas government agencies, 11% from the private sector, and 3% from the defense industries.