Government Finance Statistics

Government Finance Statistics (Central Government): Year ended June 2014

1 May 2015

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.

• 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.

For more information about these statistics:

• Visit Government Finance Statistics (Central Government): Year ended June 2014

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