Examines trends, composition and international comparisons of public expenditure and outlines the budget processes of the Commonwealth, State and local governments, in order to assist in understanding the present "state of play". Provides also results of a new survey approach to obtaining taxpayers' views on public expenditure levels and composition.
How do Australian governments budget? How well do they spend and manage our money? Governments seem to be locked in a constant struggle with the problems of budgeting. Cabinet never has enough resources to go around, and while some agencies 'guard' public expenditure, others find endless ways to make new claims on budgets. Managing Public Expenditure in Australia provides the first systematic analysis of government budgeting and the politics of the budgetary process. Drawing on extensive original sources, the authors examine debates and reforms in public finance from Whitlam and Fraser to Hawke, Keating and Howard, and assess their impacts on policy development. In tracking the way governments actually spend money, Managing Public Expenditure in Australia provides an alternate and complementary political history of federal government over the past forty years. This book also includes accessible discussions on topics such as budget theory, financial management in government, and debt and deficit reduction. An explanation of new resource management techniques and initiatives help to illuminate the ongoing changes to budget and expenditure management practices. This is an essential purchase for students, teachers and practitioners of public finance, and for anyone involved in the continuing debate over the nature and role of the public sector.
Author: Royal Commission appointed to consider and report upon the public expenditure of the Commonwealth of Australia with a view to effecting economies
Managing Public Expenditure presents a comprehensive and in-depth analysis of all aspects of public expenditure management from the preparation of the budget to the execution, control and audit stages.