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Your Budget 2017-18

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Mid-Year Economic and Fiscal Outlook

The Mid-Year Economic and Fiscal Outlook (MYEFO) updates the economic and fiscal outlook from the previous budget. Clause 14 of the Charter of Budget Honesty requires the release of a MYEFO each year by the end of January, or six months after the last budget, whichever is later.

As well as updating the economic and fiscal outlook, the MYEFO updates the budgetary position. In particular, the MYEFO takes account of all decisions made since the release of the budget which affect expenses and revenue and hence revises the budget aggregates. An appendix to MYEFO summarises all policy decisions taken since the budget.

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Mid-Year Economic and Fiscal Outlook 2017‑18   2.0MB
Chart Data 454KB (Zipped XLSX)
Preliminaries and Foreword 70KB 162KB
Part 1: Overview 66KB 117KB
Part 2: Economic Outlook 157KB 175KB
Part 3: Fiscal Strategy and Outlook 244KB 267KB
Attachment A: Forecast uncertainties, sensitivities and scenarios 129KB 167KB
Attachment B: Tax Expenditures 96KB 91KB
Attachment C: Supplementary expenses table and the Contingency Reserve 107KB 72KB
Attachment D: Australia's Federal Relations 107KB 212KB
Annex A: Payments to the States (online only) 421KB 266KB
Attachment E: Debt Statement 118KB 151KB
Appendix A: Policy decisions taken since the 2017-18 Budget 237KB 854KB
Appendix B: Australian Government Budget Financial Statements
(including Attachment A: Financial reporting standards and Budget concepts)
242KB 265KB
Attachment B: Australian Loan Council Allocation 55KB 65KB
Appendix C: Statement of risks 124KB 223KB
Appendix D: Historical Australian Government data 210KB 162KB