Some statistics The total revenue of the public sector in Australia is about $A510 billion ( – about 36% of GDP)
{"Image DocumentName": "Some statisticsThe total revenue of the public sector in Australia is about  A510 billion ( \u2013 about 36% of GDP)", "Image ImageDescription": "Equivalent total expenses are about  A550 billion (about 37% of GDP) About 2/3 of the revenue is raised by the Commonwealth; about \u00bd the expenses are incurred by the states/local government. This difference between revenue raising and expenses is accommodated through significant grant transfers between the Commonwealth and the States (2012 about  A95 billion) The public sector in Australia invests about  A40 billion net in assets each year. Most of this occurs at state/local level. Core public sector financial activity constitutes 30-35% of GDP which is lower than the OECD average of 37-44% (2010 OECD data) Note that statistics for many countries \u2013 including Australia - are presently highly variable between years due to the impacts of the global financial crisis.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}