Status quo budget

Status quo budget · Passed 17 Apr 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 $1,250 $7.0bn
Retirement $4,375 $24.5bn
Healthcare $3,125 $17.5bn
Education $1,875 $10.5bn
Housing $625 $3.5bn
Justice, Police & Internal Security $786 $4.4bn
Defence $1,089 $6.1bn
Environment & Climate $304 $1.7bn
Business Support $464 $2.6bn
Arts, Culture & Media $304 $1.7bn
Foreign Aid $304 $1.7bn
Roads & Highways $389 $2.2bn
Public Transport & Rail $311 $1.7bn
Energy Infrastructure $233 $1.3bn
Ports & Airports $156 $0.9bn
Total $87.3bn
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