Table 3.7: Variations to the Non Financial Public Sector’s Fiscal Balance since 3 PEFO $M PEFO -867.4 REVENUE Revenue – 53.0 policy Motor Increased vehicle Power registration and Water fees Corporation tariffs 5.2 Revised stamp duty home owner assistance 9.7 revenue measures 7.7 Total revenue 75.6 – policy Revenue – 26.7 non policy GST revenue 24.0 Taxation New/expanded Commonwealth revenue 47.5 Other revenue - 5.8 Total revenue non policy 92.4 – VARIATION TOTAL 168.0 – REVENUE OPERATING EXPENSES Expenses – 41.3 policy Legacy Election items commitments 80.7 Savings - measures Total Other expenses 46.6 – policy Expenses 4.3 – 17.8 non policy Employee Commonwealth entitlements payments and transfers between years and to capital 4.0 Depreciation 0.8 Other 1.2 Total expenses non policy 23.8 – VARIATION TOTAL OPERATING 70.4 – EXPENSES NET CAPITAL PAYMENTS Net capital payments policy – - 38.5 Savings measures Housing assistance packages - 11.5 Election commitments 1.0 Legacy items 1.3 Total net capital payments - 47.7 – policy Net capital payments – 51.1 non policy - 0.8 Commonwealth payments and transfers between and from 50.3 operational Depreciation VARIATION NET CAPITAL PAYMENTS 2.6 – Total net capital payments non policy – TOTAL VARIATION 95.0 MINI BUDGET - 772.4 Source: Department of Treasury and Finance
Table 3.7: Variations to the Non Financial Public Sector’s Fiscal Balance since PEFO $M PEFO REVENUE Revenue – policy Increased Power and Water Corporation tariffs -867.4 53.0 Motor vehicle registration fees 5.2 Revised stamp duty home owner assistance 9.7 revenue measures 7.7 Total revenue – policy Revenue – non policy Taxation 75.6 26.7 GST revenue 24.0 New/expanded Commonwealth revenue Other revenue Total revenue – non policy 47.5 - 5.8 92.4 VARIATION – TOTAL REVENUE OPERATING EXPENSES Expenses – policy Election commitments 168.0 41.3 Legacy items Savings measures Other 80.7 - 4.3 Total expenses – policy Expenses – non policy Commonwealth payments and transfers between years and to capital 46.6 17.8 Employee entitlements 4.0 Depreciation 0.8 Other 1.2 Total expenses – non policy 23.8 VARIATION – TOTAL OPERATING EXPENSES NET CAPITAL PAYMENTS Net capital payments – policy Savings measures 70.4 - 38.5 Housing assistance packages Election commitments - 11.5 1.0 Legacy items Total net capital payments – policy Net capital payments – non policy Commonwealth payments and transfers between and from operational Depreciation Total net capital payments – non policy 1.3 - 47.7 51.1 - 0.8 50.3 VARIATION – NET CAPITAL PAYMENTS 2.6 TOTAL VARIATION MINI BUDGET 95.0 - 772.4 Source: Department of Treasury and Finance 3
Mini-Budget-Paper-3-2012-13.docx