Chart and Table List
Page
Overview
Budget Result: 2013-14 Budget compared with 2014-15 Budget
Chart 1
ii
Budget Result excluding impacts of Commonwealth Budget and
amendments to AASB 119
Chart 2
iii
General Government Sector Net Debt
Chart 3
iii
1
Chapter 1 Fiscal Strategy and Budget Priorities
Budget Aggregates
Table 1.1
1-3
Budget Result:2013-14 Budget Compared with 2014-15 Budget
Chart 1.1
1-4
Budget Result excluding impacts of Commonwealth Re-profiling and
amendments to AASB 119
Chart 1.2
1-4
Chart1.3
1-7
Total Expenses Variations – Budget less Actual
Chart 1.4
1-8
General Government Net Debt
Chart 1.5
1-9
Budget Result – With and Without Savings Measures
Chart 1.6
1-10
Revenue and Expense Growth
Chart 1.7
1-10
Net Debt – Comparison Between Australian Jurisdictions
Chart 1.8
1-11
Commonwealth share of NSW Health funding
Chart 1.9
1-16
Chart 1.10
1-17
Key Fiscal Indicators NSW 2003-04 to 2017-18 (per cent)
Table 1.2
1-18
Key Fiscal Indicators NSW 2003-04 to 2017-18 ($ million)
Table 1.3
1-19
Expenses and Revenue growth
Changes in the fiscal gap since the 2013-14 Budget
2
Chapter 2 The Economy
Economic Performance and Outlook
Table 2.1
2-2
Real State Final Demand Growth
Chart 2.1
2-3
Mining Investment (Real) – Share of Output
Chart 2.2
2-5
Growth in House Prices and Real Retail Turnover - NSW
Chart 2.3
2-6
Residential Work Yet to be Done (Real) – 4 quarter moving average
Chart 2.4
2-7
Underlying Dwellings Requirement
Chart 2.5
2-8
Mining Capital Spending – New South Wales and Australia
Chart 2.6
2-9
Non-Mining Investment Share of Nominal GSP
Chart 2.7
2-10
Employment to Population Ratio – New South Wales and Australia
Chart 2.8
2-11
NSW Participation
Chart 2.9
2-12
NSW participation of 25-54 age group
Chart 2.10
2-12
NSW participation of 55+ age group
Chart 2.11
2-12
World Economic Prospects
Table 2.2
2-15
Economic Projections for 2016-17 and 2017-18
Table 2.3
2-16
Budget Statement 2014-15
Chapter 3 Support Economic Growth
3
Components of growth in Gross National Income (GNI) per capita
Chart 3.1
3-5
Size of sectors and their contributions to growth
Table 3.1
3-6
Size of NSW industries and their multifactor productivity performance
Chart 3.2
3-7
Growth in GDP and GNI per capita 1980-2013
Chart 3.3
3-10
Chapter 4 Budget Position
4
General Government Sector – key financial aggregates
Table 4.1
4-3
Revenue and Expense Growth
Chart 4.1
4-4
Budget Reconciliation of 2013-14 Budget to 2014-15 Budget
Table 4.2
4-5
General Government Sector Operating Statement
Table 4.3
4-7
General Government Capital Expenditure
Chart 4.2
4-11
Capital Expenditure by Government Purpose Code
Chart 4.3
4-13
General Government Sector Balance Sheet
Table 4.4
4-15
Projected General Government Financial Assets by Category at
30 June 2014
Chart 4.4
4-16
Projected General Government Non-financial Assets by Category at
30 June 2014
Chart 4.5
4-17
Projected General Government Liabilities by Category at 30 June 2014
Chart 4.6
4-18
Comparison of Net Debt across Jurisdictions at 30 June
Chart 4.7
4-19
General Government Net Debt as at 30 June
Chart 4.8
4-20
General Government Sector Cash Flow Statement
Table 4.5
4-22
ABS GFS General Government Sector Cash Surplus/Deficit
Table 4.6
4-23
Summary of revenue and expense sensitivities
Table 4.7
4-24
Chapter 5 General Government Expenditure
5
Total Expenses: Budget less Actual 1995-96 to 2013-14
Chart 5.1
5-3
Expense Reconciliation
Table 5.1
5-5
General government sector expenses
Table 5.2
5-6
Annual expense growth rates, 2003-04 to 2017-18
Chart 5.2
5-7
Total expenses as a percentage of GSP, 2009-10 to 2017-18
Chart 5.3
5-8
Savings Measures
Table 5.3
5-10
Composition of Expenses 2014-15
Chart 5.4
5-12
Total 4 year average growth in employee expenses
(ex Superannuation)
Table 5.4
5-12
Composition of Total Expenses 2014-15: by policy area
Chart 5.5
5-16
Expenses in major policy areas, 2010-11 to 2014-15
Chart 5.6
5-17
6
Chapter 6 General Government Revenues
Total Revenue and Nominal GSP Growth, 2000-01 to 2017-18
Chart 6.1
6-4
Revenue Measurers Announced in the 2014-15 Budget
Table 6.1
6-4
Reconciliation Statement – Revenue Estimates, 2013-14 to 2016-17
Table 6.2
6-8
Composition of Total Revenue, New South Wales, 2014-15
Chart 6.2
6-9
General Government Sector Summary of Revenues
Table 6.3
6-10
Main Sources of Variation in 2013-14 Revenue Estimates
Table 6.4
6-11
Budget Statement 2014-15
Composition of Tax Revenue, 2014-15
Chart 6.3
6-12
Taxation Revenue
Table 6.5
6-13
Growth of Residential Transfer Duty, Transactions and Home Prices
Chart 6.4
6-14
Growth of Residential Transfer Duty, Volumes and Prices
Chart 6.5
6-16
Growth in Residential Volumes by Price Band
Chart 6.6
6-17
Number of Dwelling Commencements, Completions and Building
Approvals
Chart 6.7
6-18
First Home Owner Grants for New Homes
Table 6.8
6-19
Growth of Payroll Tax, Employment and Hours Worked
(monthly data, % change tty)
Chart 6.9
6-21
Grant Revenue
Table 6.6
6-24
Sale of Goods and Services
Table 6.7
6-25
Interest Income
Table 6.8
6-25
Dividends and Income Tax Equivalent Revenue
Table 6.9
6-27
Other Dividends and Distributions
Table 6.10
6-27
Influences on 2013-14 Budget Forecast versus 2013-14
Revised Estimate
Chart 6.10
6-28
Royalties
Table 6.11
6-29
Fines, Regulatory Fees and Other Revenue
Table 6.12
6-29
Major Tax Expenditure by Type
Table 6.13
6-31
Concessions by Function
Table 6.14
6-32
7
Chapter 7 Federal Financial Relations
Commonwealth Payments to New South Wales
Table 7.1
7-2
Composition of Commonwealth Payments to New South Wales
2014-15
Chart 7.1
7-3
State Revenue by Source, 2012-13
Chart 7.2
7-4
Federal-State Vertical Fiscal Imbalance, 2012-13
Chart 7.3
7-5
State Shares of Commonwealth Payments, 2014-15
Table 7.2
7-6
National Agreement and Other Payments to New South Wales
Table 7.3
7-8
National Partnership Payments to New South Wales
Table 7.4
7-10
GST Revenue Payments to New South Wales
Table 7.5
7-14
GST as a proportion of GDP, 2000-01 to 2012-13
Chart 7.4
7-15
Household Net Saving and Consumption Ratio
Chart 7.5
7-16
2014 Update – Major Changes in NSW Relativity
Table 7.6
7-17
New South Wales Per Capita Relativity
Chart 7.6
7-18
GST Redistribution – Actual Payments Compared to Equal per Capita
Payments 2000-01 to 2014-15
Chart 7.7
7-19
Major National Partnerships Agreements
Table 7.7
7-24
Expiring and Discontinued National Partnership Agreements
Table 7.8
7-27
Budget Statement 2014-15
8
Chapter 8 Asset and Liability Management
General Government Sector – Net Debt and Net Financial Liabilities
Table 8.1
8-2
General Government Sector Net Debt – Budget forecast for
2014-15 compared to Budget forecasts for 2013-14
Table 8.2
8-3
General Government Net Debt Trend
Chart 8.1
8-4
General Government Sector Capital Program – Sources of funds
Table 8.3
8-6
General Government Sector Capital Program – 2010-11 and 2014-15
Chart 8.2
8-6
General Government Sector – Interest Expense as a Percentage of
Budget Revenue
Chart 8.3
8-7
NSW and Commonwealth 10 Year Bond Yields – 2010 to 2014
Chart 8.4
8-8
General Government Sector – Insurance Liability and Asset Estimates
Table 8.4
8-11
General Government Sector – Superannuation Assets
Table 8.5
8-13
General Government Sector – Superannuation Liabilities (AASB 119)
Table 8.6
8-14
General Government Sector – Superannuation Liabilities AASB 119
and AAS 25 Estimates
Table 8.7
8-16
Total State Sector – Unfunded Superannuation Liabilities and funding
forecasts to 2030
Chart 8.5
8-17
General Government Sector – Superannuation Liabilities, Expenses and
Cash Flows
Table 8.8
8-18
Total State Sector – Net Debt Net Financial Liabilities and Net Worth
Table 8.9
8-20
Chapter 9 Public Trading Enterprises
9
EBITDA – Commercial PTEs
Chart 9.1
9-6
Commercial PTEs and PFEs – Dividends and tax
Table 9.1
9-7
Capital Expenditure by Sector - Commercial
Table 9.2
9-8
Capital Expenditure by Sector - Commercial
Chart 9.2
9-9
Electricity Networks EBITDA
Chart 9.3
9-11
Budget Support for transport PTEs and farebox revenue
Table 9.3
9-17
Chapter 10 Uniform Financial Reporting
10
General Government Sector Operating Statement
Table 10.1
10-9
General Government Sector Balance Sheet
Table 10.2
10-11
General Government Sector Cash Flow Statement
Table 10.3
10-12
Derivation of ABS GFS General Government Sector Cash
Surplus/(Deficit)
Table 10.4
10-13
General Government Sector Taxes
Table 10.5
10-13
General Government Sector Grant Revenue and Expense
Table 10.6
10-14
General Government Sector Dividend and Income Tax Equivalent
Income
Table 10.7
10-15
General Government Sector Expenses by Function
Table 10.8
10-15
General Government Sector Purchases of Non-financial Assets by
Function
Table 10.9
10-16
Public Non-financial Corporation Sector Operating Statement
Table 10.10
10-17
Public Non-financial Corporation Sector Balance Sheet
Table 10.11
10-19
Public Non-financial Corporation Sector Cash Flow Statement
Table 10.12
10-20
Budget Statement 2014-15
Derivation of ABS GFS Public Non-financial Corporation Sector
Cash Surplus/(Deficit)
Table 10.13
10-21
Non-financial Public Sector Operating Statement
Table 10.14
10-21
Non-financial Public Sector Balance Sheet
Table 10.15
10-23
Non-financial Public Sector Cash Flow Statement
Table 10.16
10-24
Derivation of ABS GFS Non-financial Public Sector Cash
Surplus/(Deficit)
Table 10.17
10-25
Loan Council Allocation Estimates
Table 10.18
10-25
Appendix A: Statement of Significant Accounting Policies
and Forecast Assumptions
A
Key economic performance assumptions
Table A.1
A-5
Superannuation Assumptions – Pooled Fund/State Super Schemes
Table A.2
A-8
Budget Statement 2014-15