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summarize This is how much Australia spends on health, education and natural disaster relief Australia spends more than $600 billion every year on many services.
summarize This is how much Australia spends on health, education and natural disaster relief Australia spends more than $600 billion every year on many services. This is what the spending comes down to if you convert all that money into a simple $50 budget. A composite image of a nurse, a truck in floodwaters and a Medicare sign The federal government spends billions on services every year. Source: AAP KEY POINTS Expenses in the Australian government budget are topping $600 billion. If these expenses were converted to a simple $50 amount, $17.77 would be spent on social security and welfare. Australia spends billions of dollars every year on things like health, education and defence but when the numbers are so big, it's easy to lose perspective on how taxpayers' money is spent. Around $550 billion was collected in tax by the Australian government in 2021/22, making up 92 per cent of the total revenue the government collects, with other money coming in from GST. In the same year, the government spent $623 billion including for its own running costs and to cover things like social security and welfare, as well as natural disaster responses. Advertisement But let's break the big
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