2026/2027 State Budget: $102 Billion in Government Spending
Appropriation (2026-2027) Bill 2026
1st House
2nd House
Law
Introduced by: Sonya Kilkenny (ALP), Jaclyn Symes (ALP)
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The Treasurer may withdraw $102,184,070,000 from the Consolidated Fund for the 2026/2027 financial year.
The Treasurer can provide extra funding for salaries and related costs if legislation or determinations increase those expenses beyond the initial budget.
Spending on items listed in Schedule 1 is capped at the specified amounts unless specific legal exceptions apply.
The Treasurer may increase the net asset base for a Department by an amount up to the cost of depreciation for that Department's assets.
Departments must allocate funds in the 2026/2027 financial year for expenses or obligations that will be paid in future years.
The law confirms that sums spent to meet urgent claims for outputs, asset bases, and State payments listed in Schedule 2 are appropriated from the Consolidated Fund.
The law confirms that expenditures made from the Advance under the Department of Treasury and Finance for urgent claims listed in Schedule 3 are appropriated.
The Treasurer can take $102,184,070,000 from the government's main bank account for the 2026/2027 financial year.
The Treasurer can provide extra money for pay rises if they are decided by law or a tribunal.
Departments must stay within the spending limits listed in Schedule 1.
The Treasurer can increase a department's asset budget to cover the cost of depreciation.
Departments must count contracts signed this year against this year's budget, even if the payment happens later.
This bill retroactively approves emergency spending from the government's emergency reserve fund. The reserve fund must be repaid.
This bill retroactively approves emergency spending made from the Treasurer's advance account.