Australian Federal Budget, FY 2017-2018



  • Australian Gross Domestic Product: $3,389,235,600,000

    Federal Tax Revenue: $1,355,694,240,000

    Breakdown of Federal Expenditure by Category

    Defence (10.2%): $138,280,812,480

    - Maintenance (30%): $41,484,243,744
    - Salaries (60%): $82,968,487,488
    - Procurement (10%): $13,828,081,248
    

    Administration (3.9%): $52,872,075,360

    - Presidential and Parliamentary Expenses (25%): $13,218,018,840
    - Australian Civil Service (75%): $39,654,056,520
    

    Healthcare (17%): $230,468,020,800

    - AHSC Administration (10%): $23,046,802,080
    - Medicare (90%): $207,421,218,72
    

    Education (22.7%): $307,742,592,480

    - Gonsky Payment Scheme (45%): $138,484,166,616
    - Master Plan for Higher Education (55%): $169,258,425,864

    State Pension (20%): $271,138,848,000

    - Superannuation Contributions (100%): $271,138,848,000

    Welfare (14%): $189,797,193,600

    - Australian Citizen and Household Income Payment (ACHIP) [100%]: $189,797,193,600

    Public Transportation (5.5%): $74,563,183,200

    - Investment Bank Contribution (15%): $11,184,477,480
    - AusRail maintenance (20%): $14,912,636,640
    - State payments (65%): $48,466,069,080

    Environment and Energy (5.3%): $71,851.794,720

    Law & Order (1.4%): $18,979,719,360

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