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Government Finance Statistics (Central Government): Year ended June 2014
Embargoed until 10:45am  –  01 May 2015
Key facts

In the year ended June 2014:

  • Central government net operating balance increased to a $0.1 billion surplus.
  • Total revenue increased 4.8 percent, led by an increase in individual income tax.
  • Expenses increased 1.5 percent as superannuation payments rose.

 Graph, Operating balance, year ended June 2009 to 2014.

  • Net acquisition of non-financial assets rose $0.8 billion to $2.8 billion. 
  • Net borrowing fell to $2.7 billion.
  • Net worth totalled $73.5 billion at 30 June 2014.
  • The ratio of net debt to nominal GDP fell to 27.5 percent at 30 June 2014.  

 

Liz MacPherson, Government Statistician
ISSN 2324-4712
1 May 2015

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