How is government 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 2.9 Non financial sector - expenditure) components.

Read Budget strategy and outlook (BP2) PDF (1.3 MB).

BP2, Table 2.9: Non financial public sector - expenditure components

2025-262026-272027-282028-292029-30
RevisedBudgetForward estimate
  $M $M $M $M $M
Employee and related expenses4 1634 2364 2884 3974 543
Depreciation and amortisation1 0591 0551 0381 0271 024
Other operating expenses2 8053 0062 9862 9762 970
Interest expenses679773862914959
Current grants1 2591 3331 3111 3471 302
Capital grants254228563232
Subsidies and personal benefit payments7183838586
Total expenses10 28810 71410 62410 77810 908
Net capital investment1 7432 0681 7441 4601 402
Total expenditure12 03112 78212 36812 23812 310