Status quo budget

Status quo budget · Passed 1 May 2024

✅ 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 $1,125 $0.9bn
Retirement $4,000 $3.2bn
Healthcare $2,875 $2.3bn
Education $1,750 $1.4bn
Housing $625 $0.5bn
Justice, Police & Internal Security $750 $0.6bn
Defence $1,000 $0.8bn
Environment & Climate $250 $0.2bn
Business Support $375 $0.3bn
Arts, Culture & Media $250 $0.2bn
Foreign Aid $250 $0.2bn
Roads & Highways $357 $0.3bn
Public Transport & Rail $286 $0.2bn
Energy Infrastructure $214 $0.2bn
Ports & Airports $143 $0.1bn
Total $11.4bn
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