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Expenses and Revenue: Major Categories

The Government's commitment to the welfare, health and education of all Australians remains strong, with spending in these areas representing two-thirds of all Commonwealth expenditure.

Commonwealth General Government Expenses
by Function (2002-03)

Commonwealth General Government Expenses< by Function (2002-03)

spending on social security, health and education represents around two-thirds of total expenses

spending on defence is increasing in response to the War Against Terrorism and the need for greater border protection

net annual public debt interest payments continue to fall as a result of reductions in Government net debt

Commonwealth General Government Revenue
by Major Categories (2002-03)

Commonwealth General Government Revenue by Major Categories (2002-03)

revenue proportions remain relatively unchanged since last year

income taxes represent three-quarters of total revenue

GST revenue is provided to the States and Territories and is not included here

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