Status quo budget

Status quo budget · Passed 1 Dec 2019

✅ 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 $1,839 $5.7bn
Retirement $6,419 $19.9bn
Healthcare $4,581 $14.2bn
Education $2,742 $8.5bn
Housing $903 $2.8bn
Justice, Police & Internal Security $1,161 $3.6bn
Defence $1,613 $5.0bn
Environment & Climate $452 $1.4bn
Business Support $677 $2.1bn
Arts, Culture & Media $452 $1.4bn
Foreign Aid $452 $1.4bn
Roads & Highways $576 $1.8bn
Public Transport & Rail $461 $1.4bn
Energy Infrastructure $346 $1.1bn
Ports & Airports $230 $0.7bn
Total $71.0bn
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