About: Australian federal budget

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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. Budgets are called by the year in which they are presented to Parliament and relate to a financial year that commences on the following 1 July and ends on 30 June of the following year, so that the 2022 budget brought down in May 2022 relates to the 2022/23 financial year (1 July 2022 – 30 June 2023, FY2023).

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rdf:type	yago:WikicatAustralianBudgets yago:Abstraction100002137 yago:Budget113421832 yago:Fund113358549 yago:Measure100033615 yago:MediumOfExchange113372961 yago:Money113384557 yago:Standard107260623 yago:SystemOfMeasurement113577171
rdfs:label	Australian federal budget (en)
rdfs:comment	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. Budgets are called by the year in which they are presented to Parliament and relate to a financial year that commences on the following 1 July and ends on 30 June of the following year, so that the 2022 budget brought down in May 2022 relates to the 2022/23 financial year (1 July 2022 – 30 June 2023, FY2023). (en)
foaf:depiction
dcterms:subject	Australian budgets Government finances in Australia
Wikipage page ID	1875775 (xsd:integer)
Wikipage revision ID	1119167642 (xsd:integer)
Link from a Wikipage to another Wikipage	Cabinet of Australia Prime Minister of Australia Privatisation Ronald Reagan Early 1990s recession Macroeconomic Commonwealth Grants Commission Opposition (Australia) Sky News Australia Tariff 1996 Australian federal election Australian Broadcasting Corporation Australian House of Representatives COVID-19 pandemic Treasurer of Australia Turnbull Government ComLaw Current account deficit Howard Government Absolute majority Australian budgets Economy of Australia Government debt Private sector Government budget by country Hawke Government John Howard Westminster system Dissolution of parliament Double dissolution Australian government debt Government finances in Australia Cabinet (government) Gross domestic product Tendering Minister for Finance (Australia) Forum for the Future Australian Government Future Fund Public sector Fiscal imbalance in Australia Fiscal policy Fiscal year Taxation in Australia Australian Treasury Australian government Public sector reform Inflation target
Link from a Wikipage to an external page	http://www.finance.gov.au/budgetgroup/Commonwealth_Budget_-_Overview/commonwealth_budget_-_overview.html http://www.budget.gov.au/2013-14/index.htm http://www.apsc.gov.au/foundations/financialbudget.htm https://web.archive.org/web/20050411202142/http:/www.finance.gov.au/budgetgroup/Commonwealth_Budget_-_Overview/commonwealth_budget_-_overview.html https://web.archive.org/web/20050622112005/http:/www.apsc.gov.au/foundations/financialbudget.htm https://web.archive.org/web/20071011194800/http:/www.budget.gov.au/ http://www.comlaw.gov.au/comlaw/management.nsf/lookupindexpagesbyid/IP200403877%3FOpenDocument
sameAs	Australian federal budget Australian federal budget Australian federal budget Australian federal budget
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has abstract	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. Budgets are called by the year in which they are presented to Parliament and relate to a financial year that commences on the following 1 July and ends on 30 June of the following year, so that the 2022 budget brought down in May 2022 relates to the 2022/23 financial year (1 July 2022 – 30 June 2023, FY2023). Revenue estimates detailed in the budget are raised through the Australian taxation system, with government spending (including transfers to the states) representing a sizeable proportion of the overall economy. Besides presenting the government's expected revenues and expenditures, the federal budget is also a political statement of the government's intentions and priorities, and has profound macroeconomic implications. Australia follows, to a great extent, the conventions of the Westminster system. For example, the prime minister must have the support of a majority in the House of Representatives, and must in any case be able to ensure the existence of no absolute majority against the government. In relation to the budget, that requires that if the House fails to pass the government's budget, even by one dollar, then the government must either resign so that a different government can be appointed or seek a parliamentary dissolution so that new general elections may be held in order to re-confirm or deny the government's mandate. (en)
prov:wasDerivedFrom	wikipedia-en:Australian_federal_budget?oldid=1119167642&ns=0
page length (characters) of wiki page	14217 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Australian_federal_budget
is rdfs:seeAlso of	Australian Defence Force
is Link from a Wikipage to another Wikipage of	Cabinet of Australia Rosemary Huxtable Saul Eslake

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