McKell Institute - Bduget & MYEFO Write Downs

	A	B	C	D	E	F	G	H	I	J
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5		Adjustments to Gross Income Tax Withholdings based on …
6		Revisions to Wage Price Index			Revisions to work activity (e.g. employment, population)			Total adjustments
7	Budget Paper	Forward Estimates	Beyond to 2021-22	Total to 2021-22	Forward Estimates	Beyond to 2021-22	Total to 2021-22	Forward Estimates	Beyond to 2021-22	Total to 2021-22
8	2013-14 MYEFO	-6.5	-20.6	-27.1	-5.1	-3.7	-8.8	-11.6	-24.3	-35.9
9	2014-15 Budget	-4.7	-19.1	-23.7	-6.3	-5.6	-12	-11	-24.7	-35.7
10	2014-15 MYEFO	-5.9	-7.1	-13	0.9	0.8	1.7	-5	-6.3	-11.3
11	2015-16 Budget	-3.2	-5.3	-8.6	-13	-15.8	-28.7	-16.2	-21.1	-37.3
12	2015-16 MYEFO	1.4	0	1.4	-16.4	-20.8	-37.2	-15	-20.8	-35.9
13	2016-17 Budget	-4.6	-2.4	-7	-3.3	-3	-6.3	-7.9	-5.4	-13.3
14	2016-17 MYEFO	-4.8	-3	-7.8	-12.1	-6.9	-19	-16.9	-10	-26.8
15	2017-18 Budget	-2.9	-1.2	-4.1	-1.4	2.1	0.7	-4.3	0.9	-3.4
16	2017-18 MYEFO	-6.2	-2.6	-8.8	7.7	1.7	9.3	1.5	-1	0.5
17	2018-19 Budget	0	0	0	3.8	0	3.8	3.8	0	3.8
18	2018-19 MYEFO	-5.5	0	-5.5	16.1	0	16.1	10.6	0	10.6
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20	Cumulative Total	-42.9	-61.3	-104.2	-29.1	-51.3	-80.4	-72	-112.6	-184.6
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22	Staggered adjustment	-9.4	0	-9.4	16.1	0	16.1	6.7	0	6.7
23	Full adjustment to 2.3%	-20.1	0	-20.1	16.1	0	16.1	-4	0	-4
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25
26		Adjustment to budget outcome based on …
27		Revisions to Wage Price Index			Revisions to work activity (e.g. employment, population)			Total adjustments
28	Financial Year	Forward Estimates	Pre-Budget	Total to 2021-22	Forward Estimates	Pre-Budget	Total to 2021-22	Forward Estimates	Pre-Budget	Total to 2021-22
29	2013-14	-2.5	0	-2.5	-4.5	0	-4.5	-7	0	-7
30	2014-15	-4.3	0	-4.3	-5.9	0	-5.9	-10.2	0	-10.2
31	2015-16	-8	0	-8	-9.1	0	-9.1	-17.1	0	-17.1
32	2016-17	-12.4	0	-12.4	-11.4	0	-11.4	-23.7	0	-23.7
33	2017-18	-10.5	-4	-14.6	-9.2	-0.8	-9.9	-19.7	-4.8	-24.5
34	2018-19	-6.8	-10.6	-17.4	-7.4	-1.9	-9.3	-14.2	-12.5	-26.7
35	2019-20	-6.6	-12.9	-19.6	2.2	-13.4	-11.2	-4.4	-26.4	-30.8
36	2020-21	-5	-16.4	-21.5	5.3	-19.2	-13.9	0.3	-35.7	-35.4
37	2021-22	-1.5	-21.4	-22.9	1	-16.7	-15.7	-0.5	-38.1	-38.6
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39	Cumulative Total	-57.7	-65.3	-123	-38.9	-52.1	-91	-96.6	-117.4	-214.1
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