Index

A
A New Tax System  Measures for a Better Environment · 6‑35
Aboriginal reconciliation · 6‑58
Adelaide Airport Noise Amelioration · 6‑61
Administrative Review Tribunal · 6‑12, 6‑51
Adult Migrant English Programme · 6‑51
Advancing Australia Package · 6‑8, 6‑18
Art Indemnity Australia · 4‑35
Asset sales · 4‑41
Assets · 4‑5–4‑6
Assistance for Isolated Children Scheme · 1‑16
AusAID · 6‑45
Australia Post · 4‑31
Australian Accounting Standard 31 (AAS31) · 1‑33, 1‑36, 4‑11, 6‑3, 8‑26
Australian and Torres Strait Islander Commission · 6‑58
Australian Broadcasting Corporation · 4‑34, 6‑12, 6‑24
Australian Bureau of Statistics · 6‑64
Australian Business Number (ABN) · 3‑6, 5‑8, 5‑12
Australian Competition and Consumer Commission · 1‑14, 3‑5, 3‑11, 3‑12
Australian Customs Service · 6‑20
Australian Defence Industries Limited · 4‑35, 4‑40–4‑41
Australian Federal Police · 6‑20
Australian Film Finance Corporation · 1‑20
Australian Health Care Agreements · 1‑17
Australian Industry Development Corporation · 4‑37, 4‑41
Australian Maritime Safety Authority · 4‑42
Australian National Audit Office · 6‑12
Australian National Railways Commission · 4‑43
Australian National Training Authority · 6‑30
Australian Nuclear Science and Technology Organisation · 6‑55
Australian Office of Financial Management · 6‑65
Australian Quarantine and Inspection Service · 6‑17
Australian Rail Operations · 4‑43
Australian River Company Limited · 4‑40
Australian Securities and Investments Commission · 6‑64

Australian Taxation Office (ATO) · 5‑16, 6‑65
Australian Trade Commission · 6‑45
Australian Wool Research and Promotion Organisation · 6‑17
B
Board of Taxation · 6‑64
Border integrity · 1‑21
Business investment · 2‑3, 2‑15–2‑17, 2‑32
Business Tax Reform · 6‑12, 6‑65
C
Capital Appropriations · 6‑10–6‑15
Census, 2001 · 6‑64
Centrelink · 6‑39
Charter of Budget Honesty Act 1998 · 4‑11, 4‑24
Child support · 1‑18
Coastal Surveillance Taskforce · 6‑50
Collins Class submarines · 
Collins Class Submarines · 1‑8, 1‑20, 6‑11, 6‑28
ComLand Limited · 4‑35, 4‑40
Commodity prices · 2‑19–2‑21, 2‑28
Commonwealth Bank Sale Act 1995 · 4‑37
Commonwealth civilian superannuation 
liability · 4‑39
Commonwealth Heads of Government Meeting, 2001 · 6‑57
Commonwealth loan guarantees · 4‑35
Commonwealth Scientific and Industrial Research Organisation · 6‑12
Commonwealth Scientific and Industrial Research Organisation · 6‑55
Commonwealth Serum Laboratories (CSL) Limited · 4‑41
Communications · 1‑20, 4‑27
Community Development Employment 
Projects · 6‑58
Company tax · 5‑7, 5‑11
Competitive markets · 3‑3
Prices · 3‑7, 3‑9, 3‑10
Trade · 3‑11
Consumer price index (CPI) · 3‑13, 3‑17–3‑19
Contingency Reserve · 6‑5, 6‑69
Contingent liabilities · 4‑25
Quantifiable · 4‑34–4‑39
Corporate law economic reforms · 3‑8
Court decisions · 4‑28
Cross currency swaps · 4‑44
Current Account Deficit (CAD) · 1‑25, 2‑4, 2‑22, 3‑20
Customs duty · 5‑7, 5‑15
D
Dairy Regional Assistance Programme · 6‑32
Defence Housing Authority · 6‑12, 6‑27
Defence White Paper · 1‑20
Defence, Department of · 4‑30
Diesel and Alternative Fuel Grants Scheme · 1‑16, 6‑64
Diesel Fuel Rebate Scheme · 1‑9, 1‑16, 5‑5
Digital television services · 1‑13, 6‑15
Disability support pension · 6‑38
Dividends · 5‑19
Domestic economic outlook
Business investment · 2‑15–2‑17
Current account deficit (CAD) · 2‑22
Demand and outlook · 2‑10–2‑12
Dwelling investment · 2‑15
Forecasts · 2‑5
Growth by industry · 2‑12–2‑13
Household consumption · 2‑13–2‑15
Inventories · 2‑17
Labour market · 2‑24–2‑26, 3‑21
Net exports · 2‑19–2‑22
Prices · 2‑28–2‑30
Public final demand · 2‑19
Wages · 2‑26
Dwelling investment · 2‑15, 2‑31
E
East Asian financial crisis · 2‑19, 2‑22, 2‑25, 2‑31
East Timor · 1‑3, 1‑21–1‑22, 2‑19, 6‑9, 6‑12, 6‑27, 6‑46, 6‑51
Levy · 1‑8, 1‑9, 5‑4
Ongoing Aid Programme · 6‑8
Economic activity · 5‑7
Effect on revenue estimates · 5‑7
Economic forecasts
Economic parameters · 1‑4, 4‑21
Economic outlook
Domestic economy · 2‑10–2‑30
Forecasts · 2‑5
International economy · 2‑6–2‑9
Overview · 2‑3–2‑4
Uncertainties · 2‑31–2‑32
Education, Training and Youth Affairs, Department of · 6‑14
Electricity industry · 3‑10
Employee Entitlements Support Scheme · 6‑8, 6‑32
Employment · 1‑19, 2‑3, 2‑24–2‑25, 3‑20, 8‑21
Preparing for Work Agreement · 1‑19
Regional Australia · 2‑27
Employment National · 4‑40
Enterprise bargaining · 3‑8
Exchange rate · 2‑3, 2‑10, 2‑19, 2‑20, 2‑31
Excise · 1‑16, 5‑14
Beer · 1‑8
Diesel · 1‑16
Indexation · 5‑15
Per stick regime · 5‑14
Expenses · 4‑21, 6‑6–6‑9
Agriculture, Fisheries and Forestry, Department of · 6‑16–6‑18
Attorney‑General’s Department · 6‑19–6‑22
Communications, Information Technology and the Arts, Department of · 6‑23–6‑25
Defence, Department of · 6‑26–6‑28
Education, Training and Youth Affairs, Department of · 6‑29–6‑31
Employment, Workplace Relations and Small Business, Department of · 6‑32–6‑34
Environment and Heritage, Department 
of · 6‑35–6‑37
Family and Community Services, Department of · 6‑37–6‑40
Finance and Administration, Department 
of · 6‑41
Foreign Affairs and Trade, Department 
of · 6‑44–6‑46
Health and Aged Care, Department 
of · 6‑47–6‑49
Immigration and Multicultural Affairs, Department of · 6‑50–6‑52
Industry, Science and Resources, Department of · 6‑53–6‑56
Prime Minister and Cabinet, Department of the · 6‑57
Reconciliation Table · 6‑7
Tables · 6‑70–6‑108
Transport and Regional Services, Department of · 6‑60–6‑62
Treasury, Department of the · 6‑63–6‑66
Veterans’ Affairs, Department of · 6‑67–6‑68
Export Finance and Insurance Corporation · 4‑36
Export Market Development Grants Scheme · 6‑45
Exports · See also Net exports
F
Families · 1‑13, 1‑18–1‑19, 3‑6, 3‑14
Child support · 1‑18, 6‑39
Family Assistance · 6‑39
Stronger Families and Communities 
Strategy · 1‑18, 6‑8
Youth and Student Support · 6‑39
Family Assistance · 6‑38
Family Tax Benefit · 5‑5
Package · 1‑9
Federal Airports Corporation · 4‑43
Federation Fund Programme · 6‑61
Finance and Administration, Department 
of · 4‑30, 6‑14
Financial Assistance Grants (FAGs) · 6‑6
Financial innovation · 4‑27
Financial markets reform · 3‑8
Financial outlook
Assets · 4‑5
Balance sheet · 4‑5
Liabilities · 4‑7
Net assets · 4‑5
Operating result · 4‑3
Financial Statements
Notes
Depreciation and Amortisation · 4‑16
Employee Expenses · 4‑16
Employee Liabilities · 4‑18
External reporting standards · 4‑11
Government Securities · 4‑19
Grants · 4‑17
Grants Payable · 4‑19
Income Tax · 4‑14
Indirect Tax · 4‑14
Interest and Dividends · 4‑15
Non‑financial Assets · 4‑18
Non‑taxation Revenue · 4‑15
Reconciliation of Cash · 4‑13
Suppliers’ Expenses · 4‑16
Taxes · 4‑20
First Home Owners Scheme · 2‑15, 3‑19
Fiscal
Medium‑term benefits · 1‑23
Outlook · 1‑5
Policy · 1‑29, 3‑3, 3‑21
Reporting standards · 1‑33
Strategy · 1‑22–1‑29
Fiscal balance · 1‑3, 1‑7, 8‑5–8‑6, 8‑45
Fiscal risks · 4‑25
Expenses · 4‑29–4‑34
Revenue · 4‑26–4‑29
Foreign currency denominated debt · 4‑44
Fringe Benefits Tax (FBT) · 1‑8, 5‑16, 6‑8
Gross‑up rate · 5‑16
Fuels sales grants scheme · 1‑16, 6‑8, 6‑12
Funding programme · 7‑4
G
Gas to Liquid (GTL) fuel technology · 1‑19
General government sector · 8‑3, 8‑10
Assets · 4‑5
Balance sheet · 4‑5
Cash flows · 4‑7
Expenses · 8‑39
Financial statements · 4‑8
Liabilities · 4‑7
Net assets · 1‑10, 1‑12, 4‑5
Net debt · 1‑10–1‑12
Taxation · 8‑39
General practitioner (GP) registrars · 1‑15
General revenue assistance, States and Territories · 4‑33
General tariff rate, review of · 4‑29
Goods and services tax (GST) · 1‑13, 3‑4, 3‑12, 4‑12, 4‑33, 5‑13, 6‑6
Government Finance Statistics (GFS) · 1‑5, 1‑33, 1‑36, 8‑3, 8‑25–8‑39
Grains Research and Development Corporation · 6‑17
Gross Pay As You Go (PAYG)
Withholding · 5‑7
Growth · 3‑3, 3‑20, 3‑21
H
Health · 1‑17–1‑18
Aged Care · 6‑47
Australian Health Care Agreements · 1‑17, 4‑31, 6‑47
Home and community care · 1‑18
Hospital Services · 6‑47
Managing Health Care Information Initiative · 6‑68
Medical Services · 6‑47
Pharmaceutical Services and Benefits · 6‑47
Public hospital services · 1‑17
Veteran community · 1‑18
Vietnam Veterans’ Health Study · 1‑18
Health and Aged Care, Department of · 4‑32
Higher Education Contribution Scheme · 6‑30
Hindmarsh Island Bridge · 4‑33
Historical data · 8‑40–8‑45
HMAS Melbourne compensation · 4‑39
Household consumption · 2‑4, 2‑13–2‑15, 2‑31
I
Immunisation · 4‑32
Imports · See also Net exports
Income support · 6‑68
Income tax
Company · 5‑11
Individuals refunds · 5‑10
Indian Ocean Territories · 6‑61
Indirect tax · 5‑13
Customs duty · 5‑15
Excise duty · 5‑14
Other indirect taxes · 5‑16
Industry growth · 2‑12–2‑13
Inflation · 1‑4, 3‑3, 3‑17–3‑19, 3‑20, 3‑21. See also  Prices
Integrated Client Service Environment · 6‑51
Interest rates · 2‑3, 2‑10, 2‑13, 2‑14, 2‑22
Interest revenue · 5‑18
Intergovernmental Agreement on the Reform of Commonwealth‑State Financial 
Relations · 1‑14, 1‑35
International economic outlook
East Asia · 2‑8, 2‑19
Emerging markets · 2‑9
European Union · 2‑8
Japan · 2‑8
New Zealand · 2‑19
Uncertainties · 2‑32
United States · 2‑7–2‑8
World GDP growth rates · 2‑6
International Financial Institutions · 4‑38
International Force East Timor 
(INTERFET) · 1‑21
International Monetary Fund (IMF) · 4‑33, 4‑38
Inventories · 2‑17
Investment · See also Business investment
K
Kosovo · 6‑51
L
Labour market · 2‑24–2‑26
Legal Aid Commissions · 6‑20
Liabilities · 4‑5–4‑6, 8‑13–8‑20
Luxury Car Tax (LCT) · 5‑16
M
Mainland Interstate Rail Track Upgrade · 6‑61
Major Performing Arts Inquiry · 1‑20
Male Total Average Weekly Earnings (MTAWE) · 4‑22
Maritime Industry Finance Company 
Limited · 4‑42
Maritime industry reform · 4‑33
Medicare Benefits Scheme · 4‑32
Medicare levy · 5‑10
Mid‑Year Economic and Fiscal Outlook (MYEFO) · 1‑3–1‑10, 2‑4
Military compensation · 4‑35
Ministerial Council for Commonwealth‑State Financial Relations · 3‑4
Monetary policy · 3‑3, 3‑21
N
National Biotechnology Strategy · 6‑54
National Capital Authority · 4‑44
National Competition Policy (NCP) · 3‑8
National disaster relief · 4‑31
Native title · 4‑29
Natural Heritage Trust · 6‑35
Net assets · 1‑10, 1‑12, 4‑5
Net Capital Investment · 6‑10–6‑15
Agriculture, Fisheries and Forestry, Department of · 6‑16–6‑18
Attorney‑General’s Department · 6‑19–6‑22
Communications, Information Technology and the Arts, Department of · 6‑15, 6‑23–6‑25
Defence, Department of · 6‑26–6‑28
Education, Training and Youth Affairs, Department of · 6‑29–6‑31
Employment, Workplace Relations and Small Business, Department of · 6‑32–6‑34
Environment and Heritage, Department 
of · 6‑35–6‑37
Family and Community Services, Department of · 6‑37–6‑40
Finance and Administration, Department 
of · 6‑41
Foreign Affairs and Trade, Department 
of · 6‑44–6‑46
Health and Aged Care, Department 
of · 6‑47–6‑49
Immigration and Multicultural Affairs, Department of · 6‑50–6‑52
Industry, Science and Resources, Department of · 6‑53–6‑56
Measures · 6‑106
Prime Minister and Cabinet, Department of the · 6‑57
Since the 1999‑2000 Budget · 6‑11
Transport and Regional Services, Department of · 6‑60–6‑62
Treasury, Department of the · 6‑63–6‑66
Veterans’ Affairs, Department of · 6‑67–6‑68
Net debt · 1‑10–1‑12, 8‑14–8‑17, 8‑25
Net exports · 2‑3, 2‑19–2‑22
Net funding requirement · 7‑3
Net income deficit (NID) · 2‑22
Net interest outlays · 8‑18, 8‑24
Net worth · 8‑17–8‑18, 8‑44
New Apprenticeship Centres · 6‑30
Non‑financial public sector · 8‑3, 8‑5, 8‑7, 8‑14, 8‑23, 8‑25
Non‑taxation revenue · 5‑18
O
Oberon Class Submarines · 1‑20
Oil prices · 2‑3, 2‑6, 2‑28
Olympics · 2‑3, 2‑4, 2‑10, 2‑23–2‑24, 2‑31, 6‑58
Operating result · 4‑3
Organisation of Petroleum Exporting Countries (OPEC) · 2‑6
Other individuals · 5‑9
Pay As You Go (PAYG) · 5‑9
Uplift factor, abolition of · 5‑9
Other taxes · 5‑17
Outlays · 8‑11, 8‑22, 8‑42
P
Papua New Guinea · 4‑34
Paralympic Games · 6‑58
Partnerships Against Domestic Violence · 6‑58
Pay As You Earn (PAYE) · 5‑7. See also Pay As You Go
Pay As You Go (PAYG) · 1‑5, 3‑6, 5‑6, 5‑8
Company tax payments · 5‑11
Withholding · 5‑8–5‑9
Pensions · 6‑39
Age Pension · 6‑38
Allowances · 1‑13, 3‑15
Allowees · 3‑15, 3‑16
Pensioner rebate · 3‑15
Personal income tax · 3‑13
Petrol prices · 1‑16
Petroleum (Submerged Lands) Act 1967 · 5‑12
Petroleum Resource Rent Tax (PRRT) · 5‑4, 5‑12
Petroleum royalties · 5‑17
Pharmaceutical Benefits Scheme · 1‑18, 4‑32, 6‑9
Pharmaceutical Industry Investment Programme · 6‑54
Portfolio Budget Statements · 6‑5
Preparing for Work Agreement · See also  Employment
Prescribed Payments System (PPS) · 5‑8
Prices · 2‑3–2‑4, 2‑28–2‑30, 2‑31, 3‑17–3‑19
Privatisation · 3‑8
Product Stewardship arrangement for waste oil · 6‑8, 6‑35
Productivity · 2‑3, 2‑18, 2‑25–2‑26, 2‑29, 2‑31, 3‑9, 3‑21
Productivity Commission · 5‑16
Public final demand · 2‑19
Public hospital services · 1‑17
Public non‑financial corporations (PNFC) · 8‑3, 8‑12

Public sector · 8‑3
Public Sector Superannuation Scheme (PSS) · 4‑39
R
Refunds · See also  Income tax, Individuals refunds
Regional health services · 1‑15
Reportable Payments System (RPS) · 5‑8
Reserve Bank of Australia · 4‑38
Residential Aged Care Funding Equalisation and Assistance Package · 6‑8
Revenue · 4‑22, 5‑3, 8‑11, 8‑22, 8‑42, 8‑43
Estimates · 5‑4, 5‑6, 5‑20
Cash basis · 5‑30
Measures · 5‑22
Non‑tax · 5‑18
Statistics · 5‑30
Taxation · 5‑8
Revenue Replacement Payments (RRPs) · 5‑13
Rural and Regional
Regional Health Package — More Doctors, Better Services · 6‑6, 6‑8, 6‑48
Rural and Regional Australia · 1‑30–1‑33, 6‑39
Additional assistance · 1‑17
Agriculture Advancing Australia · 1‑16
Assistance for Isolated Children 
Scheme · 1‑16
Diesel and Alternative Fuel Grant 
Scheme · 1‑16
Diesel Fuel Rebate Scheme · 1‑16
Fuels sales grants scheme · 1‑16
Health services · 1‑13
Initiatives · 1‑30–1‑33
Regional Equalisation Plan · 1‑16
Regional Health Package — More Doctors, Better Services · 1‑15
Rural Australian Medical Undergraduate Scholarships · 1‑15
Rural Transaction Centre Programme · 6‑61
University Departments of Rural Health · 1‑15
Youth Allowance · 1‑16
S
Saving · 3‑3
Science and technology · 1‑19–1‑20
Secure Australia · 1‑20
Separated children · 4‑42
Snowy Mountains Hydro‑Electric 
Scheme · 4‑37
Debt repayment · 4‑32
Special Broadcasting Service · 6‑12, 6‑24
Special Broadcasting Service Corporation · 4‑34
State and Territory grants · 6‑64
Statement of Risks · 1‑10, 4‑24–4‑44
States and Territories · 3‑6
Stevedoring Industry Finance Committee · 4‑42
Structural reform · 3‑3, 3‑7, 3‑8–3‑9, 3‑21
Superannuation arrangements · 4‑30
Superannuation funds tax · 5‑7, 5‑11
Superannuation guarantee · 5‑11
Surplus · 1‑3, 8‑6–8‑13, 8‑42
T
Tariffs · 3‑8
Tax
Company · 5‑10
Fringe Benefits Tax (FBT) · 5‑16
Indirect · 5‑13
Individuals refunds · 5‑10
Luxury car · 5‑16
Other withholding · 5‑12
Pay As You Go (PAYG) · 5‑6, 5‑8
Petroleum Resouce Rent · 5‑12
Superannuation funds · 5‑11
Wine Equalisation · 5‑16
Tax cuts
Personal income tax · 3‑16
Tax expenditures · 4‑28, 5‑28
Aggregate tax expenditures · 5‑29
Tax File Number (TFN) · 5‑8, 5‑12
Tax minimisation and avoidance · 4‑27
Tax reform · 1‑13
Benefits · 3‑4–3‑6
Compensation measures · 3‑13–3‑16
Competitive markets · 3‑7, 3‑11
Compliance costs · 3‑6
Efficiency · 3‑4
Embedded taxes · 3‑4, 3‑5
Families · 3‑6, 3‑14
Financial Institutions Duty (FID) · 3‑4
Income tax scales · 3‑13
Indirect taxes · 3‑4
Inflation · 3‑13–3‑19
Marginal tax rates · 3‑6, 3‑13
Personal income tax · 3‑16
Prices · 3‑3, 3‑13–3‑19
States and Territories · 3‑4
Tax cuts · 3‑13
Wholesale Sales Tax (WST) · 3‑4, 3‑11, 3‑17
Tax Reform · 4‑27
Efficiency · 3‑4
Pensioners and Allowees · 3‑15, 3‑16
Personal income tax · 3‑13
Tax cuts · 3‑16
Taxation · 8‑43
Telecommunications · 3‑10
Spectrum licences · 4‑29, 5‑5
Telstra · 1‑10, 1‑12, 4‑30, 4‑31, 4‑41, 6‑42
Superannuation guarantee · 4‑34
Terms of trade · 2‑4, 2‑20, 2‑21
The New Business Tax System · 1‑14, 3‑6, 4‑27, 5‑20, 5‑28
Company tax rate reduction · 5‑11
The New Tax System · 1‑3–1‑5, 1‑13, 1‑16, 
2‑3–2‑4, 2‑10, 2‑28, 2‑31, 3‑3–3‑11, 
3‑13–3‑16–3‑17–3‑19, 3‑23, 4‑3, 5‑3, 5‑7, 5‑9, 5‑14, 5‑16, 5‑20, 5‑28, 6‑6, 6‑14, 6‑67
Abolition of Wholesale Sales Tax (WST) · 5‑7
Impact on business investment · 2‑11, 2‑16
Impact on CPI · 2‑4, 2‑28–2‑30
Impact on dwelling investment · 2‑4, 2‑11, 2‑15
Impact on household consumption · 2‑4, 2‑10, 2‑14
Personal income tax cuts · 5‑7
Trade Practices Act 1974 · 3‑12
U
Unauthorised arrivals · 6‑9, 6‑21, 6‑50
Unauthorised immigration · 1‑21
Uncalled capital subscriptions · 4‑38
Underlying cash balance · 1‑3, 1‑6, 1‑25
Unemployment · 1‑28, 2‑3, 2‑11, 3‑3, 3‑20, 3‑21, 3‑22, 3‑23. See also  Labour market
Regional Australia · 2‑27
Uniform Presentation Framework (UPF) · 8‑4, 8‑26
United Nations Transitional Administration in East Timor (UNTAET) · 1‑21, 6‑8, 6‑21
V
Vietnam Veterans’ Health Study · 1‑18
W
Wages · 2‑26, 2‑31, 3‑3, 3‑8, 3‑13–3‑14, 3‑21, 3‑22, 3‑23
Wholesale Sales Tax (WST) · 2‑4, 2‑30, 3‑4, 3‑5, 3‑11, 3‑17, 5‑16
Wine Equalisation Tax (WET) · 5‑16
Workplace arrangements · 4‑28
World growth · See also International economic outlook
Y
Year 2002 — Year of the Outback · 6‑61