Status quo budget

Status quo budget · Passed 3 May 2018

✅ 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 $1,222 $119.6bn
Retirement $4,275 $418.5bn
Healthcare $3,053 $298.9bn
Education $1,832 $179.4bn
Housing $611 $59.8bn
Justice, Police & Internal Security $763 $74.7bn
Defence $1,068 $104.6bn
Environment & Climate $305 $29.9bn
Business Support $458 $44.8bn
Arts, Culture & Media $305 $29.9bn
Foreign Aid $305 $29.9bn
Roads & Highways $382 $37.4bn
Public Transport & Rail $305 $29.9bn
Energy Infrastructure $229 $22.4bn
Ports & Airports $153 $14.9bn
Total $1,494.6bn
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