Status quo budget

Status quo budget · Passed 8 Jan 2020

✅ 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 $879 $19.7bn
Retirement $3,080 $69.0bn
Healthcare $2,201 $49.3bn
Education $1,321 $29.6bn
Housing $442 $9.9bn
Justice, Police & Internal Security $549 $12.3bn
Defence $768 $17.2bn
Environment & Climate $219 $4.9bn
Business Support $330 $7.4bn
Arts, Culture & Media $219 $4.9bn
Foreign Aid $219 $4.9bn
Roads & Highways $274 $6.1bn
Public Transport & Rail $219 $4.9bn
Energy Infrastructure $165 $3.7bn
Ports & Airports $110 $2.5bn
Total $246.3bn
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