Status quo budget

Status quo budget · Passed 3 Feb 2018

✅ 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 $1,119 $20.7bn
Retirement $3,924 $72.6bn
Healthcare $2,800 $51.8bn
Education $1,681 $31.1bn
Housing $562 $10.4bn
Justice, Police & Internal Security $703 $13.0bn
Defence $978 $18.1bn
Environment & Climate $281 $5.2bn
Business Support $422 $7.8bn
Arts, Culture & Media $281 $5.2bn
Foreign Aid $281 $5.2bn
Roads & Highways $349 $6.5bn
Public Transport & Rail $280 $5.2bn
Energy Infrastructure $210 $3.9bn
Ports & Airports $140 $2.6bn
Total $259.2bn
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