Government Spending in Australia increased to 89290 AUD Million in the fourth quarter of 2018 from 87694 AUD Million in the third quarter of 2018. Government Spending in Australia averaged 39306.11 AUD Million from 1959 until 2018, reaching an all time high of 89290 AUD Million in the fourth 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 88170.00 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 89233.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 93568.00 AUD Million in 2020, according to our econometric models.