2022–23 Australian Federal Budget | |
---|---|
Submitted | 29 March 2022 |
Submitted by | Morrison government |
Submitted to | House of Representatives |
Parliament | 45th |
Party | Liberal/NationalCoalition |
Treasurer | Josh Frydenberg |
Total revenue | $547.6 billion[1][2] |
Total expenditures | $628.5 billion[1][2] |
Debt payment | $714.9 billion[1] |
Deficit | $78 billion[1] |
Website | budget.gov.au |
Notes: Surplus = receipts - payments - net Future Fund earnings. Italics are estimates in the budget ‹ 2021 |
The March 2022 Australian federal budget was the federal budget to fund government services and operations. The budget was presented to the House of Representatives by Treasurer Josh Frydenberg on 29 March 2022. It was the ninth budget to be handed down by the Liberal/National Coalition since their election to government at the 2013 federal election, the fourth budget to be handed down by Frydenberg and the Morrison government and the last budget to be handed down by the Morrison government prior to the 2022 Australian federal election.[3][4] It was the first of two federal budgets to be handed down in 2022; a second budget was delivered in October by the successive government.