The text discusses Australia's fiscal position, budget outcome, fiscal policy, and government debt. The fiscal position has worsened due to significant policy announcements and governments have a large capital program over the next few years. The budget outcome is usually represented by the GGS underlying cash balance, and there have been previous forecasts for the next 40 years. The focus is on economic developments over the past quarter-century and the use of active discretionary fiscal policy in recent years. Improved fiscal transparency has played a role in restoring Australia's fiscal policy, and the country's open and trade-exposed economy means changes in demand from other countries can have significant effects. The general government debt/GDP ratio is expected to reach 58% in FY22. Fiscal policy is used to influence the economy and promote sustainability.