Status quo budget

Status quo budget · Passed 26 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 $1,091 $3.6bn
Retirement $3,788 $12.5bn
Healthcare $2,697 $8.9bn
Education $1,636 $5.4bn
Housing $545 $1.8bn
Justice, Police & Internal Security $667 $2.2bn
Defence $939 $3.1bn
Environment & Climate $273 $0.9bn
Business Support $394 $1.3bn
Arts, Culture & Media $273 $0.9bn
Foreign Aid $273 $0.9bn
Roads & Highways $336 $1.1bn
Public Transport & Rail $268 $0.9bn
Energy Infrastructure $201 $0.7bn
Ports & Airports $134 $0.4bn
Total $44.6bn
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