Chart Data

Date



Fiscal outlook

Chart 1: Underlying cash balance projected to 2026-27

This chart shows the projected underlying cash balance (UCB) from 2015-16 to 2026-27. The underlying cash balance is projected to reach a surplus of around 0.2 per cent of GDP in 2020-21, before peaking at around 0.3 per cent of GDP in 2021-22. By 2026-27, the underlying cash balance is projected to be around 0.2 per cent of GDP.

Note: A tax-to-GDP cap of 23.9 per cent is applied to these projections from 2021-22. Net Future Fund earnings are included in projections of the underlying cash balance from 2020-21 when drawdowns from the Future Fund commence.

Source: Treasury projections.

This chart shows the projected underlying cash balance (UCB) from 2015-16 to 2026-27. The underlying cash balance is projected to reach a surplus of around 0.2 per cent of GDP in 2020-21, before peaking at around 0.3 per cent of GDP in 2021-22. By 2026-27, the underlying cash balance is projected to be around 0.2 per cent of GDP.

Data - Chart 1: Underlying cash balance projected to 2026-27
  Budget
2014-15
2015-16 -2.4
2016-17 -2.2
2017-18 -1.4
2018-19 -0.8
2019-20 -0.3
2020-21 0.2
2021-22 0.3
2022-23 0.2
2023-24 0.3
2024-25 0.2
2025-26 0.2
2026-27 0.2

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