Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
28 September 2022 | Other

Australia announces growth in budget revenues due to exports

AUDUSD

Australia reported a significant improvement in fiscal year 2022 budget results. Rising commodity prices have brought windfall gains to government coffers while the deficit was A$32 billion ($21 billion), i.e. 1.4% of GDP.

The present final budget result showed an increase in tax revenue of A$27.7 billion in the light of high commodity prices and a reduction in government payments of A$20.1 billion in the period from 2021 to 2022.

By pushing its trade terms to new highs, Australia has been able to benefit from soaring commodity and energy prices, which, along with unemployment close to a 50-year low, has boosted tax revenues and lowered welfare payments.

Company MarketCheese

Recommended

Australia. CFTC AUD speculative net positions. The value of the indicator has increased from 45.9K to 52.6K
27 February
Australia. CPI (YoY). The value of the indicator remained at the same level of 3.8%
25 February
Australia. CFTC AUD speculative net positions. The value of the indicator has increased from 33.2K to 45.9K
20 February
United States. PCE price index (YoY). The value of the indicator has increased from 2.8% to 2.9%
20 February
United States. PCE Price Index (MoM). The value of the indicator has increased from 0.2% to 0.4%
20 February
Top news
European Union. CPI (MoM). The value of the indicator has increased from -0.6% to 0.7%
1 hour ago
United States. ISM Manufacturing PMI. The value of the indicator has decreased from 52.6 to 52.4
Yesterday at 3:01 PM
European Union. Manufacturing PMI. The value of the indicator remained at the same level of 50.8
Yesterday at 9:01 AM
European Union. CPI (MoM). The value of the indicator has decreased from -0.5% to -0.6%
25 February
United States. PCE price index (YoY). The value of the indicator has increased from 2.8% to 2.9%
20 February
All news

Forecasts

Silver buy
Period: 13.03.2026 Expectation: 700 pips
Investing in silver with $91 in view
TA Other Hot news Chart analysis
Today at 11:42 AM 1
Sinclair_John
AUDUSD buy
Period: 10.03.2026 Expectation: 650 pips
AUDUSD stays attractive on RBA rate hike bets
TA Other Technical analysis FA Other Indicators Fundamental analysis
Today at 11:30 AM 7
Lyra_Moonwell1
Brent buy
Period: 05.03.2026 Expectation: 300 pips
Buying Brent crude with short-term target at $83
Indicators Hot news Chart analysis
Today at 10:15 AM 12
Reed_Marcus
BTCUSD buy
Period: 10.03.2026 Expectation: 6050 pips
Buying Bitcoin on correction before next leg up
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 08:27 AM 7
Emily_Foster
Brent sell
Period: 06.03.2026 Expectation: 350 pips
Selling Brent oil down to $76.5
TA Other Indicators Hot news Chart analysis
Yesterday at 11:28 AM 47
Sinclair_John
Silver buy
Period: 09.03.2026 Expectation: 1300 pips
Silver sets sights on $100 per ounce
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 11:21 AM 51
Lyra_Moonwell1
Go to forecasts