INFORMATION ABOUT THIS RELEASE
This release presents consolidated 2013–14 budget forecasts for the general government sector for Commonwealth and all jurisdictions. Victorian and Western Australian budgets have been added and this release now includes forecasts for State General Government, Total All States, Total Local General Government, Multi-jurisdictional General Government and Total Australia. The forecasts presented for the other states are the same as when released on 27 August 2012, Commonwealth surplus/deficit has been revised. Government Financial Estimates (GFE) for the Commonwealth and state governments are compiled from initial budget forecasts. Two main statements are presented; the Operating Statement and the Cash Flow Statement.
Data for this release are sourced from the following Commonwealth and state government budget forecasts.
| Jurisdiction | Date of budget forecast release |
| Commonwealth | 14 May 2013 |
| New South Wales | 18 June 2013 |
| Victoria | 7 May 2013 |
| Queensland | 4 June 2013 |
| South Australia | 6 June 2013 |
| Western Australia | 8 August 2013 |
| Tasmania | 23 May 2013 |
| Northern Territory | 14 May 2013 |
| Australian Capital Territory | 4 June 2013 |
MAIN FEATURES
2013–14 OPERATING STATEMENT
The table below presents the 2013–14 GFS net operating balance and net lending(+)/borrowing(–) estimates for the general government sector for each level of government.
ALL LEVELS OF GOVERNMENT, OPERATING STATEMENT 2013–14
General Government
|
 | Commonwealth | Multi–
jurisdictional (a)(b) | State | Local (b) | All levels of
government (c) |
| $m | $m | $m | $m | $m |
|
| | | | | |
| GFS Revenue | 389 115 | 25 431 | 216 975 | 42 681 | 553 551 |
| GFS Expenses | 398 568 | 24 722 | 223 740 | 37 307 | 567 471 |
| GFS Net Operating Balance | –9 453 | 709 | -6 765 | 5 374 | -13 921 |
| | | | | |
| Net acquisition of non–financial assets | 2 945 | 2 484 | 12 621 | 6 651 | 24 710 |
| | | | | |
| GFS Net Lending(+)/Borrowing(–) | –12 398 | -1 775 | -19 386 | -1 277 | -38 631 |
|
(a) The multi–jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main type of units in this category are the public universities.
(b) Data for local government and multi–jurisdictional sector are estimated.
(c) The sum of individual levels of government may not agree with the All levels of government figures due to transfers between levels of government.
2013–14 CASH FLOW STATEMENT
The table below presents the 2013–14 GFS surplus(+)/deficit(–) estimates for the general government sector for each level of government.
ALL LEVELS OF GOVERNMENT, CASH FLOW STATEMENT 2013–14
General Government
|
| Commonwealth | Multi–
jurisdictional (a)(b) | State | Local (b) | All levels of
government (c) |
| $m | $m | $m | $m | $m |
|
| | | | | |
| Surplus(+)/Deficit(–) | –15 042 | -850 | -17 465 | -895 | -36 016 |
|
(a) The multi–jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main type of units in this category are the public universities.
(b) Data for local government and multi–jurisdictional are estimated.
(c) The sum of individual levels of government may not agree with the All levels of government figures due to transfers between levels of government.
KEY STATE GOVERNMENT BALANCES
The table below presents 2013–14 GFS estimates for the key analytical balances in the operating and cash flow statement for the general government sector of each state and territory jurisdiction.
STATE GOVERNMENTS, KEY ANALYTICAL BALANCES 2013–14
General Government
|
| Operating Statement | Cash Flow Statement |
|
|
|
| GFS Net
Operating
Balance | GFS Net
Lending (+)/
Borrowing(–) | Surplus(+)/
Deficit(–) |
| $m | $m | $m |
|
| | | |
| New South Wales | –1 887 | –4 524 | –3 174 |
| Victoria | 88 | –1 981 | –1 756 |
| Queensland | –3 760 | –7 701 | –7 629 |
| South Australia | –912 | –1 455 | –1 367 |
| Western Australia | 386 | –1 641 | –1 955 |
| Tasmania | –266 | –309 | –136 |
| Northern Territory | –226 | –1 093 | –1 057 |
| Australian Capital Territory | –340 | –831 | –541 |
|
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Jon Shaw on Brisbane (07) 3222 6054.
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