Status quo budget

Status quo budget · Passed 3 Feb 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 $1,077 $51.9bn
Retirement $3,770 $181.7bn
Healthcare $2,693 $129.8bn
Education $1,616 $77.9bn
Housing $539 $26.0bn
Justice, Police & Internal Security $672 $32.4bn
Defence $942 $45.4bn
Environment & Climate $270 $13.0bn
Business Support $405 $19.5bn
Arts, Culture & Media $270 $13.0bn
Foreign Aid $270 $13.0bn
Roads & Highways $336 $16.2bn
Public Transport & Rail $269 $13.0bn
Energy Infrastructure $202 $9.7bn
Ports & Airports $135 $6.5bn
Total $649.0bn
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