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Fed: Where the money comes from and where it goes


12 May 2009 7:38 PM

FEDERAL BUDGET INCOME AND SPENDING

Where the revenue will come from in 2009/10 ($ billion)

Individuals income tax 122.710

Fringe benefits tax 3.460

Superannuation funds 7.990

Company and petroleum resource rent tax 56.700

Sales tax 44.710

Petroleum excise 15.090

Other excise 8.760

Customs duty 5.770

Other tax 2.537

Non-tax receipts 22.884

Total 290.612

Where the tax money will be spent in 2009/10 ($billion)

Health 51.223

General Govt Services 80.478

Industry and workforce 13.271

Defence 20.952

Education 35.222

Infrastructure Transport and Energy 13.886

Social security and welfare 110.994

Community Services and Culture 12.188

Total Spending 338.213

AAP gsj/mo