INFORMATION ABOUT THIS RELEASE
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This release presents consolidated budget forecasts for the general government sector for Commonwealth and all jurisdictions. 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 | Pre-election Economic and Fiscal Outlook 26 July 2010 |
| New South Wales | 8 June 2010 |
| Victoria | 4 May 2010 |
| Queensland | 8 June 2010 |
| South Australia | 16 September 2010 |
| Western Australia | 20 May 2010 |
| Tasmania | 17 June 2010 |
| Northern Territory | 4 May 2010 |
| Australian Capital Territory | 4 May 2010 |
MAIN FEATURES
2010-11 OPERATING STATEMENT
The table below presents the 2010-11 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 - 2010-11
General Government
|
 | Commonwealth | Multi-
jurisdictional (a)(b) | State | Local (b) | All levels of government |
| | | | | |
| $m | $m | $m | $m | $m |
|
| GFS Revenue | 320 883 | 21 418 | 197 535 | 32 999 | 457 735 |
| GFS Expenses | 352 739 | 20 290 | 197 667 | 28 744 | 488 046 |
| GFS Net Operating Balance | -31 856 | 1 127 | -132 | 4 255 | -30 311 |
| | | | | |
| Net acquisition of non-financial assets | 7 085 | 1 324 | 17 397 | 5 547 | 31 353 |
| | | | | |
| GFS Net Lending(+)/Borrowing(-) | -38 941 | -197 | -17 529 | -1 292 | -61 664 |
|
(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.
2010-11 CASH FLOW STATEMENT
The table below presents the 2010-11 GFS surplus(+)/deficit(-) estimates for the general government sector for each level of government.
ALL LEVELS OF GOVERNMENT, CASH FLOW STATEMENT - 2010-11
General Government
|
| Commonwealth | Multi-
jurisdictional (a)(b) | State | Local (b) | All levels of government |
| | | | | |
| $m | $m | $m | $m | $m |
|
| Surplus(+)/Deficit(-) | -38 091 | -758 | -14 466 | 3 | -45 480 |
|
(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.
KEY STATE GOVERNMENT BALANCES
The table below presents 2010-11 GFS estimates for the key analytical balances in the operating and cash flow statements for the general government sector of each state and territory jurisdiction.
STATE GOVERNMENTS, KEY ANALYTICAL BALANCES 2010-11
General Government
|
| Operating Statement | Cash Flow Statement |
|
|
|
| GFS Net
Operating
Balance | GFS Net
Lending (+)/
Borrowing(-) | Surplus(+)/
Deficit(-) |
| | | |
| $m | $m | $m |
|
| New South Wales | 773 | -3 267 | -2 353 |
| Victoria | 858 | -1 219 | -807 |
| Queensland | -1 745 | -7 314 | -6 468 |
| South Australia | -389 | -1 791 | -1 767 |
| Western Australia | 287 | -2 342 | -2 021 |
| Tasmania | -65 | -530 | -349 |
| Northern Territory | 331 | -423 | -363 |
| Australian Capital Territory | -173 | -635 | -332 |
|
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070, email
<client.services@abs.gov.au> or Larissa Fischer on Canberra (02) 6252 5392, email
<public.finance@abs.gov.au>
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