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Government Finance Statistics (General Government): Year ended June 2016
Embargoed until 10:45am  –  16 December 2016
Key facts

In the year ended June 2016:

  • General government net operating balance increased to a $7.0 billion surplus.
  • Total operating income increased 7.0 percent, led by an increase in taxation.
  • Total operating expenditure increased 2.9 percent as social benefits rose.

 Graph, operating balance (general government) 2016.

  • Net acquisition of non-financial assets rose $0.2 billion to $4.2 billion. 
  • Net lending was $2.8 billion.
  • Net worth totalled $196.1 billion at 30 June 2016.
  • The ratio of net debt to nominal GDP increased to 33.7 percent at 30 June 2016.     

Liz MacPherson, Government Statistician
ISSN 2537-6551 
16 December 2016

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