Status quo budget

Status quo budget · Passed 1 Sep 2016

✅ 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 $1,144 $100.2bn
Retirement $4,003 $350.7bn
Healthcare $2,860 $250.5bn
Education $1,716 $150.3bn
Housing $572 $50.1bn
Justice, Police & Internal Security $715 $62.6bn
Defence $1,001 $87.7bn
Environment & Climate $285 $25.0bn
Business Support $429 $37.6bn
Arts, Culture & Media $285 $25.0bn
Foreign Aid $285 $25.0bn
Roads & Highways $358 $31.3bn
Public Transport & Rail $286 $25.1bn
Energy Infrastructure $215 $18.8bn
Ports & Airports $143 $12.5bn
Total $1,252.4bn
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