Government Spending in Australia increased to 85568 AUD Million in the second quarter of 2018 from 84709 AUD Million in the first quarter of 2018. Government Spending in Australia averaged 38535.56 AUD Million from 1959 until 2018, reaching an all time high of 85568 AUD Million in the second quarter of 2018 and a record low of 9294 AUD Million in the second quarter of 1960.
Government Spending in Australia is expected to be 82714.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Australia to stand at 87536.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 89835.00 AUD Million in 2020, according to our econometric models.