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Budget 2008 Home Page Key Facts for Taxpayers

Where do core Crown expenses go?

2008/09: $61.9b (33.4% of GDP)

2008/09: $61.9b (33.4% of GDP)

Other social security & welfare includes the Accommodation Supplement and the Domestic Purposes, Unemployment, Sickness and Invalid's benefits.

Where does core Crown revenue come from?

2008/09: $61.9b (33.4% of GDP)

2008/09: $61.9b (33.4% of GDP)

Expenses and revenue are on a core Crown basis and so exclude Crown Entities and State-owned Enterprises.

What are the new spending initiatives for Budget 2008?

New operating spending: $23.4b over 4 years

New operating spending: $23.4b over 4 years

New capital spending: $1.9b over 4 years

New capital spending: $1.9b over 4 years

Operating balance before gains and losses (OBEGAL)

2008/09: $1.3b (0.7% of GDP)

2008/09: $1.3b (0.7% of GDP)

Gross sovereign-issued debt (excluding Settlement Cash)

2008/09: $32.5b (17.5% of GDP)

2008/09: $32.5b (17.5% of GDP)

Note - Lines represent % GDP, while bars represent dollar values in billions.

What is the 2008/09 operating surplus made up of?

What is the 2008/09 operating surplus made up of?
 
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