Status quo budget

Status quo budget · Passed 18 Aug 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 $1,483 $323.3bn
Retirement $5,190 $1,131.5bn
Healthcare $3,707 $808.2bn
Education $2,224 $484.9bn
Housing $741 $161.6bn
Justice, Police & Internal Security $927 $202.0bn
Defence $1,298 $282.9bn
Environment & Climate $371 $80.8bn
Business Support $556 $121.2bn
Arts, Culture & Media $371 $80.8bn
Foreign Aid $371 $80.8bn
Roads & Highways $463 $101.0bn
Public Transport & Rail $371 $80.8bn
Energy Infrastructure $278 $60.6bn
Ports & Airports $185 $40.4bn
Total $4,040.9bn
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