- All estimates are based on Government Finance Statistics (GFS) standards, but with Goods and Services Tax (GST) revenue collected on behalf of the States and Territories netted off revenue and expenses.
The table below shows the main cash and accrual budget aggregates for the Australian Government general government sector over the period 2002-03 to 2007-08. The underlying cash surplus is estimated to be $2.4 billion in 2004-05. The fiscal surplus is estimated to be $0.7 billion. More comprehensive information is provided in Budget Strategy and Outlook 2004‑05, Statement 2.