General Government Finance Statistics: Year End June 2017

Government Finance Statistics (General Government): Year ended June 2017

In the year ended June 2017:

• General government net operating balance increased to a $8.3 billion surplus.

• Total operating income increased 6.1 percent, led by an increase in taxation.

• Total operating expenditure increased 4.0 percent as social benefits rose.

• Net acquisition of non-financial assets fell $0.3 billion to $3.7 billion.

• Net lending was $4.6 billion.

• Net worth totalled $263.9 billion at 30 June 2017, up strongly from 2016.

ENDS

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