Status quo budget

Status quo budget · Passed 17 Apr 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 $985 $64.9bn
Retirement $3,445 $227.0bn
Healthcare $2,460 $162.1bn
Education $1,476 $97.3bn
Housing $492 $32.4bn
Justice, Police & Internal Security $615 $40.5bn
Defence $862 $56.8bn
Environment & Climate $246 $16.2bn
Business Support $369 $24.3bn
Arts, Culture & Media $246 $16.2bn
Foreign Aid $246 $16.2bn
Roads & Highways $308 $20.3bn
Public Transport & Rail $246 $16.2bn
Energy Infrastructure $185 $12.2bn
Ports & Airports $123 $8.1bn
Total $810.7bn
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