Key figures from budget review 20161219 p5v2ga.html – Breaking News & Latest Updates 2026
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This was published 9 years ago

Key figures from budget review

AAP

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BUDGET FORECASTS

* 2016/17 deficit $36.5 billion vs $37.1 billion at time of May budget

* 2017/18 deficit $28.7 billion vs $26.1 billion

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* A surplus is still projected in 2020/21

ECONOMIC GROWTH FORECASTS

* 2016/17 GDP 2.0 per cent vs 2.5 per cent

* 2017/18 GDP 2.75 per cent vs 3.0 per cent

UNEMPLOYMENT

* 2016/17 5.5 per cent vs 5.5 per cent

* 2017/18 5.5 per cent vs 5.5 per cent

CPI

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* 2016/17 1.75 per cent vs 2.0 per cent

* 2017/18 2.0 per cent vs 2.25 per cent

(Source: Mid-Year Economic and Fiscal Outlook)

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