Status quo budget

Status quo budget · Passed 4 Jun 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 $1,047 $20.0bn
Retirement $3,660 $69.9bn
Healthcare $2,613 $49.9bn
Education $1,571 $30.0bn
Housing $524 $10.0bn
Justice, Police & Internal Security $654 $12.5bn
Defence $916 $17.5bn
Environment & Climate $262 $5.0bn
Business Support $393 $7.5bn
Arts, Culture & Media $262 $5.0bn
Foreign Aid $262 $5.0bn
Roads & Highways $327 $6.2bn
Public Transport & Rail $262 $5.0bn
Energy Infrastructure $196 $3.8bn
Ports & Airports $131 $2.5bn
Total $249.8bn
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