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Debt, the Budget and the balance sheet

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Author Info

  • David Woods

    (Treasury, Government of Australia)

  • Michael Xanthis

    (Treasury, Government of Australia)

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    Abstract

    Understanding the relationship between the budget and the balance sheet, and the impact of debt on both, is critical in assessing fiscal sustainability. This paper briefly describes the concepts of debt and the cost of servicing debt that are reported in the budget papers.

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    File URL: http://www.treasury.gov.au/~/media/Treasury/Publications%20and%20Media/Publications/2011/Economic%20roundup%20issue%204/Downloads/01_debt.ashx
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    File URL: http://www.treasury.gov.au/PublicationsAndMedia/Publications/2011/Economic-Roundup-Issue-4/Report/Debt-the-Budget-and-the-balance-sheet
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    Bibliographic Info

    Article provided by Treasury, Australian Government in its journal Economic Roundup.

    Volume (Year): (2011)
    Issue (Month): 4 (December)
    Pages: 1-14

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    Handle: RePEc:tsy:journl:journl_tsy_er_2011_4_1

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    Keywords: budget;

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