Nice to see our debt is being reduced. Meanwhile, the US is struggling to figure out how not to let their economy implode.
Mildly Interesting
This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.
This is obviously an objective criteria, so the mods are always right. Or maybe mildly right? Ahh.. what do we know?
Just post some stuff and don't spam.
Un~~fortunately paying the interest on your debt is not the same as paying down the actual (principle) debt. Unless there's something I'm not seeing.~~
Edit: There was in fact something I wasn't seeing.
They got is sorted mate. They printing more money.
Kinda wish we got this in the US. Then people will realize all the junk our taxes support and will also (likely) want to cut spending.
Only in a perfect world
You can request this in most countries, especially here in Canada. It's cool that the Aussie government makes it more transparent and accessible though. The "other purposes" seems a bit sussy-baka, though.
There is no excuse for any country not to do this TBH. The math is really easy and uses already available information: take the year's total federal spending for different things, specifically in the form of percentages of the year's total tax revenue (hopefully the government has been keeping track of what they've been using the money for) and multiply by the total taxes paid by a specific person and you get exactly how much of their money went to what. This assumes every person's tax revenue is treated the same which I'm pretty sure is at least mostly the case in every country.
If they release the national spending percentages (which they should) then it'd be pretty easy for individuals to calculate these themselves.
Tories in the UK did this and obfuscated to their agenda
They showed "pensions" but that was only public sector worker pensions then added the universal state pension to the "benefits" section to claim we had a bloated benefits budget for scroungers despite them being the party of triple lock pension (linked to greater of wages, inflation and aribitary 2%)
I'm surprised so much money is going towards disability, what kind of stuff do they get?
Mannnn... I wish we had this in the U.S. Unfortunately it would ruin a lot of the propaganda forced down our throats, disabling some talking points for our dumbass politicians.
They'd never give us something so comprehensive.
In the US we just all know that it's bombs to kill the enemies of whoever the companies are allowed to sell them to, and fighter jets that don't work.
That is a freaking sweet seal for the Australian Government! Id wear that on a shirt
Is this hard to do in practice? I would love to see a breakdown like this in the United States, and especially on a local level. Whatβs involved in getting this information? Where does someone even start to request something like this?
It's cocaine and prostitutes because it's always cocaine and prostitutes.