Budget Responsibility Act

Proposed by Democratic Liberty Coalition · Passed 23 Dec 2023

✅ Passed

This will balance the budget for years to come

Figures show the previous budget where they changed the new value.

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	15%
Personal income tax: Medium earners	22% 26%
Personal income tax: High earners	41% 57%
Personal income tax: Elite earners	47%

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$1,056 $996	$1,046	9.9% 10.8%	$1,061.0bn $1,000.0bn
Retirement	$1,543 $1,244	$1,951	14.5% 13.5%	$1,550.0bn $1,250.0bn
Healthcare	$2,489 $1,862	$2,397	23.4% 20.1%	$2,500.0bn $1,870.0bn
Education	$1,643	$1,649	15.5% 17.8%	$1,650.0bn
Housing	$548	$603	5.2% 5.9%	$550.0bn
Justice, Police & Internal Security	$622	$683	5.9% 6.7%	$625.0bn
Defence	$757	$827	7.1% 8.2%	$760.0bn
Environment & Climate	$249	$235	2.3% 2.7%	$250.0bn
Business Support	$493 $294	$593	4.6% 3.2%	$495.0bn $295.0bn
Arts, Culture & Media	$20	$258	0.2%	$20.0bn
Foreign Aid	$16	$69	0.1% 0.2%	$16.0bn
Roads & Highways	$427 $356	$385	4.0% 3.8%	$428.6bn $357.1bn
Public Transport & Rail	$341 $284	$305	3.2% 3.1%	$342.9bn $285.7bn
Energy Infrastructure	$256 $213	$232	2.4% 2.3%	$257.1bn $214.3bn
Ports & Airports	$171 $142	$157	1.6% 1.5%	$171.4bn $142.9bn
Total			100.0%	$10,677.0bn $9,286.0bn

Passed

523Yes 0No 477Not voted 1000 seats

For: 523 / 1000 filled seats (52.3%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 477

Party	Seats	Vote	Reason
Democratic Liberty Coalition Proposer	523	Yes	No reason given
Ecologist Movement	0	Not voted
Good Governance Coalition	0	Not voted
Labour Alliance	0	Not voted
National Union Of Nova Artaris	0	Not voted
Progress Movement	188	Not voted

Passed

288Yes 0No 6Not voted 294 seats

For: 288 / 294 filled seats (98.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 6

Party	Seats	Vote	Reason
Democratic Liberty Coalition Proposer	288	Yes	No reason given
Ecologist Movement	0	Not voted
Good Governance Coalition	0	Not voted
Labour Alliance	0	Not voted
National Union Of Nova Artaris	0	Not voted
Progress Movement	0	Not voted

Every vote must state a public reason. Most recent first.

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