• 2012/13 budget surplus A$1.5 bln (unchanged from November), 2013/14 at A$2bln and A$5.3 bln in 2014/15
  • GDP growth 3% in 2011/12, 3.25% in 2012/12 and 3% in 2013/14
  • Net debt peaking at 9.6% of GDPin 2011/12 falling by 2015/16 to 7.3%
  • Unemployment at 5.5% in 2012/13
  • Sees 2011/12 budget deficit A$44.4 bln up from November forecast of A$37.1 bln