Government Spending in Australia increased to 90142 AUD Million in the first quarter of 2019 from 89394 AUD Million in the fourth quarter of 2018. Government Spending in Australia averaged 39518.28 AUD Million from 1959 until 2019, reaching an all time high of 90142 AUD Million in the first quarter of 2019 and a record low of 9362 AUD Million in the second quarter of 1960.
Government Spending in Australia is expected to be 87779.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Australia to stand at 91433.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 95781.00 AUD Million in 2020, according to our econometric models.