Status quo budget

Status quo budget · Passed 1 Dec 2019

✅ 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 $978 $89.0bn
Retirement $3,423 $311.5bn
Healthcare $2,445 $222.5bn
Education $1,467 $133.5bn
Housing $489 $44.5bn
Justice, Police & Internal Security $611 $55.6bn
Defence $856 $77.9bn
Environment & Climate $245 $22.3bn
Business Support $367 $33.4bn
Arts, Culture & Media $245 $22.3bn
Foreign Aid $245 $22.3bn
Roads & Highways $306 $27.8bn
Public Transport & Rail $245 $22.3bn
Energy Infrastructure $183 $16.7bn
Ports & Airports $122 $11.1bn
Total $1,112.7bn
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