Government Spending in Australia increased to 87057 AUD Million in the third quarter of 2018 from 86634 AUD Million in the second quarter of 2018. Government Spending in Australia averaged 39091.97 AUD Million from 1959 until 2018, reaching an all time high of 87057 AUD Million in the third quarter of 2018 and a record low of 9362 AUD Million in the second quarter of 1960.
Government Spending in Australia is expected to be 85840.00 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 87622.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 90098.00 AUD Million in 2020, according to our econometric models.