Status quo budget

Status quo budget · Passed 10 Apr 2024

✅ Passed

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 25%
Personal income tax: Medium earners 25%
Personal income tax: High earners 25%
Personal income tax: Elite earners 25%

Annual Spending

Category $ per capita Amount
Social Welfare $942 $26.2bn
Retirement $3,299 $91.7bn
Healthcare $2,356 $65.5bn
Education $1,414 $39.3bn
Housing $471 $13.1bn
Justice, Police & Internal Security $590 $16.4bn
Defence $824 $22.9bn
Environment & Climate $234 $6.5bn
Business Support $353 $9.8bn
Arts, Culture & Media $234 $6.5bn
Foreign Aid $234 $6.5bn
Roads & Highways $294 $8.2bn
Public Transport & Rail $235 $6.5bn
Energy Infrastructure $177 $4.9bn
Ports & Airports $118 $3.3bn
Total $327.3bn
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