Status quo budget

Status quo budget · Passed 14 Mar 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 $1,103 $333.1bn
Retirement $3,862 $1,166.0bn
Healthcare $2,759 $832.9bn
Education $1,655 $499.7bn
Housing $552 $166.6bn
Justice, Police & Internal Security $690 $208.2bn
Defence $966 $291.5bn
Environment & Climate $276 $83.3bn
Business Support $414 $124.9bn
Arts, Culture & Media $276 $83.3bn
Foreign Aid $276 $83.3bn
Roads & Highways $345 $104.1bn
Public Transport & Rail $276 $83.3bn
Energy Infrastructure $207 $62.5bn
Ports & Airports $138 $41.6bn
Total $4,164.3bn
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