Status quo budget

Status quo budget · Passed 11 Jan 2020

✅ 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 $895 $135.8bn
Retirement $3,131 $475.3bn
Healthcare $2,236 $339.5bn
Education $1,342 $203.7bn
Housing $447 $67.9bn
Justice, Police & Internal Security $559 $84.9bn
Defence $783 $118.8bn
Environment & Climate $224 $34.0bn
Business Support $335 $50.9bn
Arts, Culture & Media $224 $34.0bn
Foreign Aid $224 $34.0bn
Roads & Highways $280 $42.4bn
Public Transport & Rail $224 $33.9bn
Energy Infrastructure $168 $25.5bn
Ports & Airports $112 $17.0bn
Total $1,697.6bn
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