Australian federal budget (original) (raw)

An Australian federal budget is a document that sets out the estimated revenues and expenditures of the Australian Treasury in the following financial year, proposed conduct of Australian government operations in that period, and its fiscal policy for the forward years. Budgets are called by the year in which they are presented to Parliament and relate to a financial year that commences on the following 1 July and ends on 30 June of the following year, so that the 2022 budget brought down in May 2022 relates to the 2022/23 financial year (1 July 2022 – 30 June 2023, FY2023).