*Dec 2015 MYEFO forecasts in parentheses
Deficit
2015-16: $39.9 billion ($37.4 billion)
2016-17: $37.1 billion ($33.7 billion)
2017-18: $26.1 billion ($23 billion)
2018-19: $15.4 billion ($14.2 billion)
2019-20: $6 billion
Gross Domestic Product growth
2015-16: 2.5% (2.5%)
2016-17: 2.5% (2.75%)
2017-18: 3% (3% – projection)
CPI
2016-17: 2% (2.25%)
2017-18: 2.25% (2.5%)
Terms of trade
2015-16: -8.75% (-10.5%)
2016-17: 1.25% (-2.25)
2017-18 0
Iron ore price: $55 ($39) ; Thermal coal: $52 ($52); Metallurgical coal: $91 ($73); Aussie dollar: US$0.77
Unemployment
2016-17: 5.5% (6.%)
2017-18: 5.5% (5.75%)
Household consumption
2016-17: 3% (2.75%)
2017-18: 3%
Dwelling Investment
2016-17: 2% (2%)
2017-18: 1%
Business investment
2016-17: -5% (-4%)
2017-18: 0
Wage Price Index
2016-17: 2.5% (2.75%)
2017-18: 2.75%
Spending as a % of GDP
2015-16: 25.8% (25.9%)
2016-17: 25.8% (25.8%)
2017-18: 25.5% (25.3%)
2018-19: 25.4% (25.3%)
2019-20: 25.2%
Receipts as a % of GDP
2015-16: 23.5% (23.9%)
2016-17: 23.9% (24.1%)
2017-18: 24.2% (24.3%)
2018-19: 24.8% (24.8%)
2019-20: 25.1%
There is something wrong with your new website. A lot of minus signs appear to be missing from the forward estimates.
They are going to an Election with this?
“Business investment 2016-17: -5% (-4%) 2017-18: 0”
That is a relief. I thought we might be facing stage 2 of the GFC.