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

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

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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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