Status quo budget

Status quo budget · Passed 10 Sep 2016

✅ 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 $1,014 $79.0bn
Retirement $3,549 $276.5bn
Healthcare $2,535 $197.5bn
Education $1,521 $118.5bn
Housing $507 $39.5bn
Justice, Police & Internal Security $634 $49.4bn
Defence $887 $69.1bn
Environment & Climate $253 $19.7bn
Business Support $380 $29.6bn
Arts, Culture & Media $253 $19.7bn
Foreign Aid $253 $19.7bn
Roads & Highways $317 $24.7bn
Public Transport & Rail $253 $19.7bn
Energy Infrastructure $190 $14.8bn
Ports & Airports $127 $9.9bn
Total $987.3bn
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