DBpedia – Linked Data Fragments

Matches in DBpedia 2015-10 for { ?s ?p "An Australian federal budget is a document that sets out the Australian government's proposed revenues and expenditures and conduct of its operations in the following financial year, and its fiscal policy for the forward years. The budget includes the government's estimates of revenue and expenses and may outline new policy initiatives. Budgets are called by the year in which they are presented and relate to a financial year that commences on the following 1 July and ends on 30 June of the next year, so that the 2015 budget brought down in May 2015 relates to the financial year 2015/16 (1 July 2015 – 30 June 2016).Revenue estimates detailed in the budget are raised through the Australian taxation system, with government spending representing a sizeable proportion of the overall economy. Besides presenting the government's expected revenues and expenditures, the federal budget is also a political statement of the government's intentions and priorities, and has profound macroeconomic implications.Australia follows, to a great extent, the conventions of the Westminster system. For example, the prime minister must have the support of a majority in the House of Representatives, and must in any case be able to ensure the existence of no absolute majority against the government. In relation to the budget, that requires that if the House fails to pass the government's budget, even by one dollar, then the government must either resign so that a different government can be appointed or seek a parliamentary dissolution so that new general elections may be held in order to re-confirm or deny the government's mandate."@en }

• Australian_federal_budget abstract "An Australian federal budget is a document that sets out the Australian government's proposed revenues and expenditures and conduct of its operations in the following financial year, and its fiscal policy for the forward years. The budget includes the government's estimates of revenue and expenses and may outline new policy initiatives. Budgets are called by the year in which they are presented and relate to a financial year that commences on the following 1 July and ends on 30 June of the next year, so that the 2015 budget brought down in May 2015 relates to the financial year 2015/16 (1 July 2015 – 30 June 2016).Revenue estimates detailed in the budget are raised through the Australian taxation system, with government spending representing a sizeable proportion of the overall economy. Besides presenting the government's expected revenues and expenditures, the federal budget is also a political statement of the government's intentions and priorities, and has profound macroeconomic implications.Australia follows, to a great extent, the conventions of the Westminster system. For example, the prime minister must have the support of a majority in the House of Representatives, and must in any case be able to ensure the existence of no absolute majority against the government. In relation to the budget, that requires that if the House fails to pass the government's budget, even by one dollar, then the government must either resign so that a different government can be appointed or seek a parliamentary dissolution so that new general elections may be held in order to re-confirm or deny the government's mandate.".