Friday, February 02, 2007

Where our taxes go

In fiscal year 05/06, the Australian government spent $208 billion of your taxes.

Where did it all go?

Here's a sample

Welfare $88.3bn
Healthcare $37.6bn
Defence $15.8bn
Schools $10.4bn
Universities $5.19bn
Transport $3.1bn
Foreign Aid $2.9bn
Police $2.8bn
Govt pensions $2.4bn

Value for money?