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Budget

Treasury provides advice to the Government on effective government spending and taxation arrangements. This includes advice on budget policy issues, trends in Commonwealth revenue and major fiscal and financial aggregates, major expenditure programs, taxation policy, retirement income, Commonwealth-State financial policy and actuarial services. Treasury also leads the production of the Commonwealth Budget each year.

Consultations

  •  - Open25 days left to have your sayDraft Legislation

    The Government announced in the 2018-19 Budget that it was extending the definition of a Significant Global Entity (SGE) to include members of large business groups headed by proprietary companies, trusts, partnerships and investment entities. A Significant Global Entity (SGE) is a concept to define, generally speaking, a group of entities, interrelated by a control […]

  •  - Closed

    As announced in the 2017-18 Budget, the Government is introducing a legislative framework for an enhanced regulatory sandbox to enable new and innovative financial technology (FinTech) products and services to be tested in Australia. This will extend the scope of activities and the timeframe beyond that of the regulatory sandbox launched by ASIC in December 2016. […]

  •  - ClosedSubmission

    On 20 September 2017 the Assistant Minister to the Treasurer called for submissions from individuals, businesses and community groups seeking their views regarding priorities for the 2018-19 Budget. Submissions are requested by Friday 15 December 2017. For further information, please see the Assistant Minister to the Treasurer’s press release of 20 September 2017.

View all budget consultations