Sport
Debt, deficit and where the money comes from: The state’s finances explained in six graphs – The Age
A visual guide to how the pandemic has buffeted the state’s finances and what the government is doing in response.
The state government expects to receive $36.8 billion in grants revenue in 2021-22, slightly more than the $34.6 billion it had projected for the same period back in last years budget, which ties into increased optimism about the speed of the national recovery.
Where state government revenue is increasing
The next graph shows state government revenue over time. The solid blue line shows how much was raked in from taxes, fines, grants and other sources over the past few years:
As you can see, it…
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