The Australian Government has today invited Australian’s to submit their ideas and priorities that should be included in the 2012/13 budget.
In a statement released by Deputy Prime Minister Wayne Swan he said Australia’s budget is on track to return to surplus.
“The budget is on track to return to surplus in 2012-13 despite the significant global headwinds that have reduced government revenues by around $140 billion over five years,” said Mr Swan.
The statement urged the importance of the community taking part in submitting their ideas as they play a “vital part of the development of Government policies and the budget process”.
In previous years the Australian government received around 300 submissions when pre-budget submissions were called for the 2011/12 budget, just over a year ago.
“Submissions should consider the Government’s strong commitment to fiscal discipline and the need to offset any proposed new spending with equivalent savings,” said Mr Swan.
For more information about submitting your ideas on the government’s budget for 2012/13 visit ministers.treasury.gov.au.
