Key data points
Last release
—
Observation period
Q4 2023
Next release
—
Forecast
—
Highest
134.02 BAUD on Dec 31, 2023
Lowest
10.64 BAUD on Jun 30, 1960
About Australia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.