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Half Year Economic and Fiscal Update 2016

Additional Fiscal Indicators

The Treasury calculates two summary fiscal indicators: the cyclically-adjusted balance (CAB) and the fiscal impulse indicator. This part of the Additional Information chapter discusses these estimates.

The first section discusses the Treasury's central estimates of the CAB and fiscal impulse. This is followed by the sensitivity analysis and terms of trade adjustment. Detailed tables of data can be found at the end of the Additional Fiscal Indicators section.

Further information on the methodology, interpretation and limitations behind the indicators can be found in Treasury Working Papers 02/30 and 10/08.[1]


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