Where does tax money go in australia?

Brendon Ernser asked a question: Where does tax money go in australia?
Asked By: Brendon Ernser
Date created: Tue, Feb 23, 2021 11:46 PM


Top best answers to the question «Where does tax money go in australia»

The federal Government raises around 81 per cent of total tax revenue in Australia. State and Territory governments receive 45 per cent of their revenue through transfers from the federal Government, including all GST revenue.


Those who are looking for an answer to the question «Where does tax money go in australia?» often ask the following questions:

⭐ Where is money made in australia?

Australian money is made in the reserve bank Australia or in the Perth mint. Check the Australian reserve bank for further information.

⭐ How does australia post make money?

Australia Post is self-funding and uses its assets and resources to generate profits, which can be reinvested in the business or returned as dividends to its sole shareholder, the Australian Government.

⭐ How much money does australia owe china?

78 billion dollars

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