Final Budget Outcome
The Final Budget Outcome (FBO) encompasses Australian Government general government sector fiscal outcomes for the financial year and is based on external reporting standards. The Charter of Budget Honesty Act 1998 requires that a Final Budget Outcome be released no later than three months after the end of the relevant financial year. The financial statements in the Final Budget Outcome are similar to those in the budget but provide actual outcomes rather than estimates.
The Final Budget Outcome for the 2019-20 financial year was released on 25 September 2020 and is available from the 2019-20 Budget website.
The Final Budget Outcome for the 2020-21 financial year will be released later in 2021.