Australian budget 2015 16

The 201516 budget delivers on the governments promise to grow, rather than cut, the defence budget. Australian parliament house is temporarily closed to the public. The 2015 budget also foreshadows the reintroduction of university deregulation in 2016, but there are no details on what the third attempt at these higher education changes may entail. Links to the australian government budget website for details of the commonwealth budgets and the museums portfolio budget statements.

It shows the governments social and political priorities and how the government intends to achieve these. Clause 14 of the charter of budget honesty requires the release of a myefo each year by the end of january, or six months after the last budget, whichever is later. The federal governments 2015 budget has done little to restore confidence in. The 201415 commonwealth budget papers are available at. The federal government has set a temporary budget repair levy on high income earners to help reduce the federal budget deficit. Portfolio budget statements 201516 social services 1. The australian government delivered the 201516 budget on tuesday 12 may 2015. The purpose of the 201516 portfolio budget statements pb statements is to. The 2015 australian federal budget was the federal budget to fund government services and operations for the 201516 financial year.

When the figures from last years tables were calculated as a share of gross domestic product gdp, the 201415 science and research spending was. Portfolio budget statements 201516 social services. Information relating to the communications and the arts portfolio budget for 201516 learn more. My first budget as chief minister will ensure canberra remains the worlds most liveable city and a place all canberrans can be proud of, with a community and economy in which we can all feel confidence. Entities receive resources from the annual appropriations acts, special appropriations including standing appropriations and special accounts, and revenue from other. Pyne links auto industry aid to welfare cuts in negotiations with crossbench.

The 2015 16 budget is a pragmatic response to the fiscal challenges australia is facing and balances some of the measures posed in last years budget. Pwcs analysis of the 201516 australian federal budget 3 budget 201516 next stop. The headline item was the graduated reduction and eventual elimination of stamp duty on nonreal property and nonresidential property. Previous budgets 201516 western australia state budget. The term australian government is used when referring to the government and the decisions and activities made by the government on behalf of the commonwealth of australia. Portfolio additional estimates statements 201516 social services. South australian budget 201516 the south australian government has handed down its budget for 201515 with an unashamed focus on economic development. Improving the lifetime wellbeing of people and families in australia. The australians website does not support your current browser version. The australian government budget sets out the economic and fiscal outlook for australia and includes expenditure and revenue estimates for the current financial year, the budget year and three forward financial years. Alga analysis of the 201516 federal budget australian local. The full state of science and research funding will not be clear until the release of the department of industry and sciences science, research and innovation budget tables tables later this year. The purpose of the 201516 portfolio budget statements pb statements is to inform senators and members of parliament of the proposed allocation of resources to government outcomes by entities within the portfolio. The budget is the eighth in a row to contain a deficit.

Australian senate parliament house canberra act 2600 speaker house of representatives parliament house canberra act 2600 dear mr president dear madam speaker i hereby submit portfolio budget statements in support of the 201516 budget for the prime minister and cabinet portfolio. Corrigendum portfolio budget statements 201516, budget related paper no. Science and research funding parliament of australia. Youre currently on the portfolio budget statements 201516 page. Austrade has identified four purposes as part of its 201516 corporate plan figure 6. Portfolio budget statements 201516 budget related paper. To find out what this means for education and training, visit the budget 2015. Ben wyatt mla will hand down the 202021 western australian state budget on thursday, 8 october 2020. We are funded through the australian government budget each year. It includes a number of measures designed to lift productivity and drive growth by encouraging workforce participation and supporting small business. Historical budget documents are available for reference purposes. Joe kelly joined the australian in 2008 and since 2010 has worked in the parliamentary press gallery. Some of the measures in the budget had been announced by various ministers before the budget. The 201516 budget contains new employment measures that focus.

Read our main wrap, and check out all the postbudget reaction below. The governments plan for a stronger economy ensures it can guarantee essential services while returning the budget to surplus. Delivering better education and training outcomes for all australians overview page. Households where the reference person was aged 5564 years were paying more for health care in 201516. There is separate commentary for independent agencies. The budget forecasts gross state product gsp to increase by 2 per cent in real terms in 201516, following expected growth of 1. The first responsibility of a national government is the safety and security of its people. Theyre about balancing a complex combination of tax and expenditure initiatives, across multiple years, and trying to articulate how these will, overall, contribute to national wellbeing. Australian government paymentsbudget paper 2 201516. Last years budget was widely touted as the toughest since 1997, so what does this years announcement have in store for the smalltomedium enterprises of australia.

Treasurer joe hockey released the australian budget for the 201516 year on may 12 2015. This page provides links to the current and previous budgets. South australian budget 201516 planning institute australia. The midyear economic and fiscal outlook myefo updates the economic and fiscal outlook from the previous budget. The portfolio contains some smaller entities, including a number of statutory offices, trusts and. Australian centre for international agricultural research aciar pdf 408 kb australian secret intelligence service asis pdf 493 kb tourism australia pdf 657 kb glossary. Supporting australian students to meet the demands of the modern world overview page. South australian employment growth is expected to be 1 per cent per annum in 201516 through to 201718 before rising to 1. Australian science is no better off after the 2015 budget. Each purpose is associated with a set of performance measures and can be linked to austrades outcomes and programs in its portfolio budget statements. Budget 201516 department of education, skills and employment. Western australian government revenue and expenditure projections for the 201516 budget year and details of services to be delivered. Financial statements are presented on an accrual basis and are in line with australian accounting.

In 201516, austrades success in achieving its outcomes was measured against its purpose and criteria structure detailed in its 201516 corporate plan, and its key performance indicators detailed in the 201516 portfolio budget statements for the foreign affairs and trade portfolio. Welfare integrity, fairness and sustainability for all australians. Australian smes are the cornerstone of the nations businesses, with 96 per cent of all enterprises falling under this category. Austrades 201516 corporate plan covers the fouryear period from 201516 to 201920. A financial report presenting the state governments current and estimated future economic performance, fiscal strategy, budget. Go to the portfolio budget statements 201920 overview page. The states economy is forecast to grow by 2% per annum for the years 2015. Nor is the net income of these statutory authorities taken into account. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software. As defence minister, i take this responsibility very seriously. This is the first time in seven years that sa has had a budget surplus. Budget department of infrastructure, transport, regional. Portfolio budget statements 201516 department of education. Austrade at a glance austrade annual report 201516.