Status quo budget

Status quo budget · Passed 4 Jun 2023

✅ 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 $1,066 $64.3bn
Retirement $3,731 $225.0bn
Healthcare $2,665 $160.7bn
Education $1,599 $96.4bn
Housing $532 $32.1bn
Justice, Police & Internal Security $667 $40.2bn
Defence $932 $56.2bn
Environment & Climate $267 $16.1bn
Business Support $400 $24.1bn
Arts, Culture & Media $267 $16.1bn
Foreign Aid $267 $16.1bn
Roads & Highways $333 $20.1bn
Public Transport & Rail $266 $16.1bn
Energy Infrastructure $200 $12.0bn
Ports & Airports $133 $8.0bn
Total $803.5bn
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