The Australian federal budget is a document that demonstrates the Australian government's planned financial performance, and the framework it intends to conduct its operations in the following financial year. Revenue allocated in the budget is raised through the Australian taxation system, with government spending representing a sizeable proportion of the overall economy.
Read more about Australian Federal Budget: Process, Charter of Budget Honesty Act, Budget Night, Budgetary Policy Developments
Famous quotes containing the words australian, federal and/or budget:
“The Australian mind, I can state with authority, is easily boggled.”
—Charles Osborne (b. 1927)
“Goodbye, boys; I’m under arrest. I may have to go to jail. I may not see you for a long time. Keep up the fight! Don’t surrender! Pay no attention to the injunction machine at Parkersburg. The Federal judge is a scab anyhow. While you starve he plays golf. While you serve humanity, he serves injunctions for the money powers.”
—Mother Jones (1830–1930)
“You can fool all the people all the time if the advertising is right and the budget is big enough.”
—Joseph E. Levine (b. 1905)