Status quo budget

Status quo budget · Passed 5 Aug 2021

✅ 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 $1,201 $65.0bn
Retirement $4,205 $227.5bn
Healthcare $3,004 $162.5bn
Education $1,802 $97.5bn
Housing $601 $32.5bn
Justice, Police & Internal Security $750 $40.6bn
Defence $1,052 $56.9bn
Environment & Climate $301 $16.3bn
Business Support $451 $24.4bn
Arts, Culture & Media $301 $16.3bn
Foreign Aid $301 $16.3bn
Roads & Highways $376 $20.3bn
Public Transport & Rail $300 $16.3bn
Energy Infrastructure $225 $12.2bn
Ports & Airports $150 $8.1bn
Total $812.7bn
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