This presentation was made by Arthur CAMILLERI, Australia, at the 13th Annual Meeting of OECD-Asian Senior Budget Officials held in Bangkok, Thailand, on 14-15 December 2017

1. 1
Arthur Camilleri
Department of Finance
Recent Budgeting Developments
in Australia
14 December 2017

2. 2
Underlying cash balance from 2003-04 to 2020-21
Source: Australian Government Budget Papers - Historical

3. 3
Underlying cash balance projected to 2027-28
Source: Australian Government Budget 2017-18, Budget Strategy and Outlook, Budget Paper No. 1, Statement 3 - Chart 2
Forward Estimates

4. 4
Reducing the borrowing requirement for recurrent expenditure
Source: Australian Government Budget 2017-18, Budget Strategy and Outlook, Budget Paper No. 1, Statement 4 - Chart 1
-60
-40
-20
0
20
40
60
-60
-40
-20
0
20
40
60
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20
2020-21
$billion$billion
Net cash flow from recurrent activities Net cash flow from investments Borrowing requirement
Forward estimates

5. 5
Transformation & Innovation
21 projects
$350 million
• Investment in initiatives which align with whole-
of-government priorities
• Maximising innovation and collaboration across
the APS
• Projects funded up to 2019-20, however are
expected to continue delivering and capturing
benefits beyond the forward years
• Investment in initiatives which improve the
sustainability of entities
• Supporting entities to transition to more
sustainable operating models while continuing
to deliver high quality services
Agency Sustainability
21 projects
$150 million
Modernisation Fund
$500 million
• Reinvestment of Efficiency Dividend savings
• Transform and modernise the public sector
• Deliver quality Government services at lower cost
and use leading technology and collaborative
approaches to address complex problems facing
society
The Modernisation Fund fosters APS transformation