Government Revenue and Expenditure Sources
Government Revenue Sources
Government Revenue refers to where governments receive their income. Below is the main tax revenue of the Australian government.
Income Tax Receipts
Fringe Benefits Tax
Goods and Services Tax (GST)
Excise and Customs Duty
Petrol tax -Tobacco tax
Import taxes (such as tariffs on imported cars)
Government Expenditure Sources
Government expenditure refers to where the government is spending its money. Below are the main expenditure sources (in order of largest to smallest proportion of the budget) of the Australian Government:
Social security and welfare
General Public Services
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