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 2018‑19   2.2MB
Chart Data 5.55MB (Zipped XLSX)
Preliminaries and Foreword 108KB 128KB
Part 1: Overview 234KB 120KB
Part 2: Economic Outlook 405KB 192KB
Part 3: Fiscal Strategy and Outlook 1.5MB 255KB
Attachment A: Forecast uncertainties, sensitivities and scenarios 961KB 155KB
Attachment B: Tax Benchmarks and Variations Statement 148KB 67KB
Attachment C: Supplementary expenses table and the Contingency Reserve 169KB 71KB
Attachment D: Australia's Federal Relations 455KB 116KB
Annex A: Payments to the States (online only) 1.9MB 262KB
Attachment E: Debt Statement 698KB 146KB
Appendix A: Policy decisions taken since the 2018-19 Budget 316KB 1.2MB
Appendix B: Australian Government Budget Financial Statements 1.2MB 245KB
Appendix C: Statement of risks 189KB 189KB
Appendix D: Historical Australian Government data 839KB 155KB