Where is the money spent

BP2 Budget Strategy and Outlook

Chapter 2: Fiscal outlook provides a high-level overview of key policy and non-policy decisions, and their financial impact on the budget and over the forward estimates. In addition, the chapter also outlines key components of expenditure (Table 2.7 Non financial sector – expenditure).

BP2, Table 2.7: Non financial public sector – expenditure

 2020-212021-222022-232023-242024-25
 RevisedBudget Forward estimate
  $M $M $M $M $M
Expenses     
Employee expenses 2 838 2 815 2 671 2 648 2 622
Superannuation expenses 456 454 457 467 477
Depreciation and amortisation 756 752 742 743 733
Other operating expenses 2 308 2 239 2 083 2 046 2 057
Interest expenses 396 421 447 468 478
Current grants 1 095 1 095 996 994 970
Capital grants 247 92 32 32 28
Subsidies and personal benefit payments 91 71 70 67 68
Total expenses8 1867 9407 4997 4647 432
Year-on-year percentage change (%) n/a - 3 - 5.6 - 0.5 - 0.4
      
Net capital 1 126 1 422 1 313 1 074 796
Total expenditure9 3129 3628 8118 5388 228
Year-on-year percentage change (%) n/a 0.5 - 5.9 - 3.1 - 3.6

Readers can also go to BP2 Chapter 8, Uniform presentation framework (UPF) to see summary tables on expenses by functions. Information in the UPF tables is provided on a consistent basis, agreed with all other states, Territory and the Commonwealth to enable valid comparisons to be made between jurisdictions.