Budget Paper No. 2

2009-10 Budget Statement

Contents  

Chapter 1: Budget Position  

1.1 Introduction
1.2 Budget Results 
1.3 Capital Expenditure 
1.4 Balance Sheet
1.5 Cash Flow
1.6 Key Budget Variables

Chapter 2: The Economy  

2.1 Introduction
2.2 Overview
2.3 Recent Performance
2.4 Outlook for 2009-10
2.5 Factors Affecting the Eonomic Outlook

Chapter 3: Fiscal Strategy and Outlook  

3.1 Introduction
3.2 Fiscal Strategy 
3.3 Support for the Economy
3.4 Maintaining Sound Finances
3.5 Sustainable Balance Sheet
3.6 Fiscal Targets and Principles: Progress
3.7 Impact of 2009-10 Budget on the Long-Term Fiscal Gap

Chapter 4: General Government Expenditure  

4.1 Introduction
4.2 The Budget Process
4.3 Expenditure Trends and Composition
4.4 Policy Areas

Chapter 5: General Government Revenues  

5.1 Introduction 
5.2 Taxation Policy Measures
5.3 Revenue Trends and Composition
5.4 Taxation Revenue
5.5 Grant Revenue
5.6 Other Revenues
5.7 Tax Expenditures and Concessions 

Chapter 6: Federal Financial Relations  

6.1 Introduction 
6.2 Australian Government Payments
6.3 COAG Reform Agenda
6.4 GST Revenue

Chapter 7: Balance Sheet Management 

7.1 Introduction
7.2 Net Financial Liabilities
7.3 Net Debt
7.4 Net Worth
7.5 Unfunded Superannuation
7.6 Insurance
7.7 Financial Asset Management
7.8 Financial Liability and Risk Management

Chapter 8: Public Trading Enterprises  

8.1 Introduction
8.2 Recent Developments
8.3 Operating Performance
8.4 Capital Expenditure
8.5 Major Sectors

Chapter 9: Uniform Financial Reporting  

9.1 Introduction
9.2 Uniform Presentation Framework
9.3 Uniform Presentation Tables
9.4 Loan Council Allocation 

Appendices

A. Progress against Fiscal Responsibility Act 2005 Targets and Principles  

B. Statement of Accounting Principles and Policies  

C. Classification of Agencies  

D. 2008-09 Budget - Summary of Variations  

E. Tax Expenditure and Concessional Charges Statement  

Glossary  

Index  

For further information about the New South Wales Budget Papers, contact the New South Wales Treasury, Governor Macquarie Tower, 1 Farrer Place, Sydney 2000 or Email to Francess Lavorato, NSW Treasury.