Budget 2016‑17
Historical Budget documents are available for reference purposes. 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.
| Document | PDF Download |
|---|---|
| Budget Speech | 199KB |
| Budget Paper 1: Budget Strategy and Outlook | 4.32MB |
| Budget Paper 2: Budget Measures | 1.83MB |
| Budget Paper 3: Australia's Federal Relations | 3.70MB |
| Budget Paper 4: Agency Resourcing | 4.46MB |
| Document | PDF Download |
|---|---|
| Budget overview | 2.41MB |
| Jobs and growth | 2.35MB |
| Tax and super | 4.59MB |
| Balancing the budget | 921KB |
| Fact sheet title | PDF Download |
|---|---|
| Backing our FinTech industry | 310KB |
| Defence Investment | 240KB |
| Supporting Small Business | 921KB |
| Youth Employment Package | 266KB |
| Fact sheet title | PDF Download |
|---|---|
| A tax plan for small business | 282KB |
| Ensuring businesses pay the right amount of tax | 263KB |
| Tax Avoidance Taskforce | 274KB |
| Less red tape for business | 218KB |
| Making it easier to invest in Australia | 229KB |
| Improved integrity for the consolidation regime | 223KB |
| Making a start on personal income tax relief | 229KB |
| Improving tax system governance | 211KB |
| Promoting health by reducing smoking | 294KB |
| Improving the integrity of the wine equalisation tax rebate and growing exports | 266KB |
| Helping our craft spirit distillers export to markets around the world | 412KB |
| Relieving the burden of tax on hard working Australians | 231KB |
| Cracking down on tax avoidance | 255KB |
| Fact sheet title | PDF Download |
|---|---|
| Super Fact Sheets (Consolidated download) | 1.10MB |
| A superannuation system that is sustainable, flexible and has integrity | 755KB |
| Introducing a $1.6 million transfer balance cap | 272KB |
| Reforming the taxation of concessional contributions | 240KB |
| Annual non‑concessional contributions cap | 267KB |
| Changes to defined benefit schemes | 242KB |
| Supporting Australians to save for their retirement by introducing the Low Income Superannuation Tax Offset | 228KB |
| Improving access to concessional contributions | 229KB |
| Allowing catch‑up concessional contributions | 249KB |
| Extending the spouse tax offset | 238KB |
| Enhancing choice in retirement income products | 236KB |
| Improve integrity of transition to retirement income streams | 259KB |
| Improving governance and transparency | 240KB |
| Impacts on key groups | 222KB |
| Document |
|---|
| Supply Bill (No. 1) 2016-2017 |
| Supply Bill (No. 2) 2016-2017 |
| Supply (Parliamentary Departments) Bill (No. 1) 2016-2017 |
Portfolio Budget Statements
The purpose of the Portfolio Budget Statements (PBS) is to inform Senators and Members of Parliament of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio. Agencies receive resources from the annual appropriations acts, special appropriations (including standing appropriations and special accounts), and revenue from other sources.
A key role of the PBS is to facilitate the understanding of proposed annual appropriations in Appropriation Bills No. 1 and No. 2. In this sense the PBS are Budget related papers and are declared by the Appropriation Bills to be 'relevant documents' to the interpretation of the Acts according to section 15AB of the Acts Interpretation Act 1901.
The PBS provides information, explanation and justification to enable Parliament to understand the purpose of each outcome proposed in the Bills.
As required under section 12 of the Charter of Budget Honesty Act 1998, non-general government sector entities are not consolidated into the Commonwealth general government sector fiscal estimates and accordingly, these entities are not reported in the PBS.
The following Australian Government Agencies' held their Portfolio Budget Statements on their websites at the time of release.
- Agriculture & Water Resources Portfolio
- Attorney-General’s Portfolio
- Communications and the Arts Portfolio
- Defence Portfolio
- Defence
- Department of Veterans' Affairs
- Education and Training Portfolio
- Employment Portfolio
- Environment Portfolio
- Finance Portfolio
- Foreign Affairs and Trade Portfolio
- Health Portfolio
- Immigration and Border Protection Portfolio
- Industry, Innovation and Science Portfolio
- Infrastructure and Regional Development Portfolio
- Prime Minister and Cabinet Portfolio
- Social Services Portfolio
- Social Services
- Department of Human Services
- Treasury Portfolio
- Parliamentary Departments
- Department of the House of Representatives
- Department of the Senate
- Department of the Parliamentary Budget Office
Portfolio Additional Estimates Statements
The purpose of the Portfolio Additional Estimates Statements (PAES) is to inform Senators and Members of Parliament and the public of the proposed allocation of resources to government outcomes by agencies within the relevant portfolio.
While the PAES include an Agency Resource Statement to inform Parliament of the revised estimate of the total resources available to an agency, the focus of the PAES is on explaining the changes in resourcing since the Budget. As such, the PAES provides information on new measures and their impact on the financial and non-financial planned performance of agencies.
The PAES facilitate understanding of the proposed appropriations in Appropriation Bills (No. 3 and No. 4). In this sense the PAES are declared by the Additional Estimates Appropriation Bills to be a 'relevant document' to the interpretation of the Bills according to section 15AB of the Acts Interpretation Act 1901.
Whereas the Mid-Year Economic and Fiscal Outlook is a mid-year budget report which provides updated information to allow the assessment of the Government's fiscal performance against its fiscal strategy, the PAES update the most recent budget appropriations for agencies within the relevant portfolio.
The following Australian Government Agencies' held their Portfolio Aditional Estimate Statements on their websites at the time of release.
- Agriculture & Water Resources Portfolio
- Attorney-General’s Portfolio
- Communications and the Arts Portfolio
- Defence Portfolio
- Defence
- Education and Training Portfolio
- Employment Portfolio
- Environment Portfolio
- Finance Portfolio
- Foreign Affairs and Trade Portfolio
- Health Portfolio
- Immigration and Border Protection Portfolio
- Industry, Innovation and Science Portfolio
- Infrastructure and Regional Development Portfolio
- Prime Minister and Cabinet Portfolio
- Social Services Portfolio
- Social Services
- Department of Human Services
- Treasury Portfolio
Mid-Year Economic and Fiscal Outlook
The Mid-Year Economic and Fiscal Outlook (MYEFO) updates the economic and fiscal outlook from the previous budget. 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.
| Document | PDF Download |
|---|---|
| Mid-Year Economic and Fiscal Outlook 2016‑17 | 2.6MB |
| Chart data | 850KB(Zip) |
Final Budget Outcome
The Final Budget Outcome (FBO) encompasses Australian Government general government sector fiscal outcomes for the financial year and is based on external reporting standards. The Charter of Budget Honesty Act 1998 requires that a Final Budget Outcome be released no later than three months after the end of the relevant financial year.
| Document | PDF Download |
|---|---|
| Final Budget Outcome 2016‑17 | 781KB |