Overview
Discussions Key data points
Last release
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Observation period
Oct 2024
Next release
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Forecast
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Highest
24.00 B AUD on May 31, 2023
Lowest
−36.99 B AUD on Jul 31, 2020
About Australia Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.