🇦🇺 Where Do Your Taxes Go?

The Australian federal budget for fiscal year 2024-25 shows how government revenue is allocated. Social security and welfare represent the largest spending category at 35%.

Key Budget Categories:

• Social Security & Welfare (35%): Age pension, disability support, family benefits
• Health (16%): Medicare, public hospitals, and health services
• Education (8%): Schools, universities, and HECS-HELP
• Defence (6%): Australian Defence Force and security
• General Public Services (7%): Government operations

Source: Australian Treasury, Budget 2024-25