Australia recorded a government budget surplus of 8302 AUD Million in March of 2026. Government Budget Value in Australia averaged -790.73 AUD Million from 1973 until 2026, reaching an all time high of 23999.34 AUD Million in May of 2023 and a record low of -36988.00 AUD Million in July of 2020. source: Reserve Bank of Australia

Related	Last	Previous	Unit	Reference
Credit Rating	100.00			May 2026
Fiscal Expenditure	63733.00	59535.00	AUD Million	Mar 2026
Government Budget	-1.60	-0.80	percent of GDP	Dec 2025
Government Budget Value	8302.00	6274.00	AUD Million	Mar 2026
Government Debt	582359.00	573378.00	AUD Million	Feb 2026
Government Debt to GDP	18.80	19.20	percent of GDP	Dec 2025
Government Revenues	72034.00	65809.00	AUD Million	Mar 2026
Government Spending	159576.00	158122.00	AUD Million	Dec 2025
Government Spending to GDP	26.60	26.20	percent of GDP	Dec 2025
Holidays
Military Expenditure	35326.60	34231.40	USD Million	Dec 2025

Australia Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.