Budget 2025–26
Historical Budget documents are available for reference purposes. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software.
| Publication/Part | Downloads |
|---|---|
| Budget Paper No. 1: Budget Strategy and Outlook | PDF 6.29 MB |
| Preliminaries | PDF 313 KB DOCX 157 KB |
| Statement 1: Budget Overview | PDF 499 KB DOCX 581 KB |
| Statement 2: Economic Outlook | PDF 383 KB DOCX 452 KB |
| Additional data: Nominal GDP (online only) | XLSX 27 KB |
| Statement 3: Fiscal Strategy and Outlook | PDF 705 KB DOCX 552 KB |
| Statement 4: Meeting Australia’s Housing Challenge | PDF 575 KB DOCX 401 KB |
| Table 1: Australian Government (cash) receipts (online only) | CSV 7 KB |
| Table 2: Major categories of (cash) receipts as a proportion of gross domestic product (online only) | CSV 5 KB |
| Table 3: Australian Government (accural) revenue (online only) | CSV 7 KB |
| Table 4: Major categories of (accrual) receipts as a proportion of gross domestic product (online only) | CSV 3 KB |
| Statement 5: Expenses and Net Capital Investment | PDF 831 KB DOCX 495 KB |
| Statement 6: Debt Statement | PDF 390 KB DOCX 339 KB |
| Statement 7: Forecasting Performance and Sensitivity Analysis | PDF 380 KB DOCX 467 KB |
| Statement 8: Statement of Risks | PDF 755 KB DOCX 437 KB |
| Statement 9: Australian Government Budget Financial Statements | PDF 812 KB DOCX 453 KB |
| Appendix B: Assets and Liabilities | PDF 385 KB DOCX 214 KB |
| Statement 10: Historical Australian Government Data | PDF 701 KB DOCX 497 KB |
| Notes | PDF 164 KB DOCX 58 KB |
| Publication/Part | Downloads |
|---|---|
| Budget Paper No. 2: Budget Measures | PDF 1.48 MB |
| Preliminaries | PDF 304 KB DOCX 246 KB |
| Part 1: Receipt Measures Part 2: Payment Measures |
PDF 937 KB DOCX 432 KB |
| Notes | PDF 157 KB DOCX 203 KB |
| Publication/Part | Downloads |
|---|---|
| Budget Paper No. 3: Federal Financial Relations | PDF 4.86 MB |
| Preliminaries | PDF 267 KB DOCX 287 KB |
| Part 1: Australia’s Federal Relations | PDF 341 KB DOCX 251 KB |
| Part 2: Payments for specific purposes | PDF 313 KB DOCX 310 KB |
| Health | PDF 660 KB DOCX 438 KB |
| Education | PDF 356 KB DOCX 161 KB |
| Skills and workforce development | PDF 246 KB DOCX 143 KB |
| Community services | PDF 324 KB DOCX 245 KB |
| Affordable housing | PDF 271 KB DOCX 226 KB |
| Infrastructure | PDF 599 KB DOCX 327 KB |
| Environment, energy and water | PDF 615 KB DOCX 357 KB |
| Contingent payments | PDF 219 KB DOCX 214 KB |
| Other payments | PDF 473 KB DOCX 296 KB |
| Part 3: General revenue assistance | PDF 282 KB DOCX 229 KB |
| Appendix A: Parameters and further information | PDF 261 KB DOCX 219 KB |
| Appendix B: Total payments to the states by function (online only) | PDF 296 KB DOCX 296 KB |
| Appendix C: Supplementary Tables (online only) | PDF 402 KB DOCX 294 KB |
| Appendix D: Debt transactions (online only) | PDF 379 KB DOCX 292 KB |
| Appendix E: Appropriations and conditions (online only) | PDF 236 KB DOCX 250 KB |
| Notes | PDF 166 KB DOCX 203 KB |
| Publication/Part | Downloads |
|---|---|
| Budget Paper No. 4: Agency Resourcing | PDF 6.00 MB |
| Preliminaries | PDF 251 KB DOCX 242 KB |
| Preface | PDF 477 KB DOCX 444 KB |
| Introduction and Guide to Budget Paper No. 4 | PDF 1.16 MB DOCX 1.60 MB |
| Part 1: Agency Financial Resourcing | PDF 194 KB DOCX 128 KB |
| Agency resourcing table | PDF 1.79 MB DOCX 708 KB |
| Special appropriations table – overview | PDF 145 KB DOCX 202 KB |
| Special appropriations table | PDF 359 KB DOCX 248 KB |
| Special accounts table – overview | PDF 140 KB DOCX 124 KB |
| Special accounts table – summary | PDF 113 KB DOCX 126 KB |
| Special accounts table | PDF 584 KB DOCX 485 KB |
| Part 2: Staffing of Agencies | PDF 332 KB DOCX 179 KB |
| Part 3: Expenses and Net Capital Investment | PDF 369 KB DOCX 243 KB |
| Appendix A: Agency Outcome Statements | PDF 365 KB DOCX 242 KB |
| Publication/Part | Downloads |
|---|---|
| Women’s Budget Statement | PDF 1.16 KB DOCX 806 KB |
| Document | Downloads |
|---|---|
| Budget papers chart data | ZIP 501 KB |
| Publication/Part | Downloads |
|---|---|
| Budget overview – Building Australia’s Future | PDF 1.16 MB |
Appropriation Bills
Purpose
The Parliament appropriates moneys from the Consolidated Revenue Fund on an annual basis in order to fund expenditure by the Government.
A Bill is a proposal for a new Act or a change to an existing Act.
Timing
Budget Appropriation Bills
The Budget Appropriation Bills are introduced into the Parliament on the second Tuesday of May each year (Budget night).
Introduced Tuesday 25 March 2025:
Introduced Wednesday 30 July 2025:
| Document |
|---|
| Appropriation Bill (No. 1) 2025–2026 |
| Appropriation Bill (No. 2) 2025–2026 |
| Appropriation (Parliamentary Departments) Bill (No. 1) 2025–2026 |
Additional Estimates Appropriation Bills
The Additional Estimates Appropriation Bills are introduced into the Parliament in early February each year after the Mid-Year Economic and Fiscal Outlook.
| Document |
|---|
| Regional Ministerial Budget Statement: Building Regional Australia’s Future Department of Infrastructure, Transport, Regional Development, Communications and the Arts |
| Publication/Part | Downloads |
|---|---|
| Backing small businesses | PDF 650 KB DOCX 3.12 MB |
| New tax cuts | PDF 475 KB DOCX 1.90 MB |
Portfolio Budget Statements
The Portfolio Budget Statements (PB Statements) inform Members of Parliament and the public of the proposed allocation of resources to government outcomes.
They also assist the Senate Standing Committees with their examination of the Budget.
Agencies receive resources from the annual appropriations Acts, special appropriations (including standing appropriations and special accounts), and revenue from other sources.
A key role of the PB Statements is to facilitate the understanding of proposed annual appropriations in Appropriation Bills No. 1 and No. 2. The PB Statements are Budget‑related papers and are declared by the Appropriation Bills to be 'relevant documents' to the interpretation of the Acts according to section 15AB of the Acts Interpretation Act 1901.
The PB Statements provides information, explanation and justification to enable parliament to understand the purpose of each outcome proposed in the Bills.
As required under section 12 of the Charter of Budget Honesty Act 1998, non-general government sector entities are not consolidated into the Commonwealth general government sector fiscal estimates and accordingly, these entities are not reported in the PB Statements.
The following Australian Government entities held their Portfolio Budget Statements on their websites at the time of release:
- Agriculture, Fisheries and Forestry Portfolio
- Attorney-General’s Portfolio
- Climate Change, Energy, the Environment and Water Portfolio
- Defence Portfolio
- Education Portfolio
- Employment and Workplace Relations Portfolio
- Finance Portfolio
- Foreign Affairs and Trade Portfolio
- Health and Aged Care Portfolio
- Home Affairs Portfolios
- Industry, Science and Resources Portfolio
- Infrastructure, Transport, Regional Development, Communications and the Arts Portfolio
- Prime Minister and Cabinet Portfolio
- Social Services Portfolio
- Treasury Portfolio
- Parliamentary Departments
Portfolio Additional Estimates Statements
The Portfolio Additional Estimates Statements (PAES) inform Parliament and other users on updated entity revenue and expenditure estimates for the Budget year and reflect changes since the Budget.
It provides information on new measures and their impact on the financial and non‑financial planned performance of agencies.
PAES should be considered as a supplement to the Portfolio Budget Statements (PB Statements).
They explain subsequent changes to Budget estimates as they appear in the Additional Estimates Appropriation Bills No. 3 and 4 or Appropriation (Parliamentary Departments) Bill (No. 2).
Not all entities prepare a PAES. Only those entities for the government has agreed to change funding through the Appropriation Bills listed above.
The following Australian Government agencies' held their Portfolio Additional Estimate Statements on their websites at the time of release:
- Attorney-General's Portfolio
- Agriculture, Fisheries and Forestry Portfolio
- Climate Change, Energy, the Environment and Water Portfolio
- Defence Portfolio
- Education Portfolio
- Employment and Workplace Relations Portfolio
- Finance Portfolio
- Foreign Affairs and Trade Portfolio
- Health and Aged Care Portfolio
- Home Affairs Portfolio
- Industry, Science and Resources Portfolio
- Infrastructure, Transport, Regional Development, Communications and the Arts Portfolio
- Prime Minister and Cabinet Portfolio
- Social Services Portfolio
- Treasury Portfolio
- Parliamentary departments
Mid-Year Economic and Fiscal Outlook
The Mid-Year Economic and Fiscal Outlook (MYEFO) updates the economic and fiscal outlook from the previous Budget.
Clause 14 of the Charter of Budget Honesty requires the release of a MYEFO each year by the end of January, or six months after the last budget, whichever is later.
As well as updating the economic and fiscal outlook, the MYEFO takes account of all decisions made since the release of the Budget which affect payments and receipts and hence revises the budget aggregates. An appendix to MYEFO summarises all policy decisions taken since the Budget.
The Mid-Year Economic and Fiscal Outlook 2025–26 was released on Wednesday 17 December 2025.
| Publication/Part | Downloads |
|---|---|
| Mid-Year Economic and Fiscal Outlook 2025–26 | PDF 6.38 MB |
| Preliminaries | PDF 293 KB DOCX 77 KB |
| Part 1: Overview | PDF 487 KB DOCX 525 KB |
| Part 2: Economic Outlook | PDF 388 KB DOCX 1.23 MB |
| Part 3: Fiscal Strategy and Outlook | PDF 816 KB DOCX 1.06 MB |
| Part 4: Debt Statement | PDF 370 KB DOCX 396 KB |
| Part 5: Sensitivity Analysis | PDF 273 KB DOCX 216 KB |
| Part 6: Statement of Risks | PDF 475 KB DOCX 273 KB |
| Part 7: Australian Government Budget Financial Statements | PDF 821 KB DOCX 315 KB |
| Appendix A: Policy decisions taken since the 2025 PEFO | PDF 1.29 MB DOCX 543 KB |
| Appendix B: Supplementary Expenses Table and the Contingency Reserve | PDF 230 KB DOCX 234 KB |
| Appendix C: Australia’s Federal Financial Relations | PDF 458 KB DOCX 272 KB |
| Appendix C: Annex A | XLSX 213 KB |
| Appendix D: Tax Expenditures | PDF 214 KB DOCX 127 KB |
| Appendix E: Historical Australian Government Data | PDF 684 KB DOCX 308 KB |
| Notes | PDF 132 KB DOCX 198 KB |
| Chart data (XLSX) | ZIP 90 KB |