Debt, the Budget and the balance sheet

David Woods and Michael Xanthis
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David Woods: Treasury, Government of Australia
Michael Xanthis: Treasury, Government of Australia

Economic Roundup, 2011, issue 4, 1-14

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.

Keywords: budget (search for similar items in EconPapers)
JEL-codes: H00 H61 (search for similar items in EconPapers)
Date: 2011
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http://www.treasury.gov.au/~/media/Treasury/Public ... wnloads/01_debt.ashx (application/pdf)
http://www.treasury.gov.au/PublicationsAndMedia/Pu ... nd-the-balance-sheet (text/html)

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Persistent link: https://EconPapers.repec.org/RePEc:tsy:journl:journl_tsy_er_2011_4_1

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