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Milk, rice, and canned goods: How far does your 100 dollars go in Australia?

 How far does your 100 dollars go in Australia?

How far does your 100 dollars go in Australia? Credit: Pexels / Tara Clark

The latest episode of Usap Tayo examines the typical resident's cost of living following the release of the federal budget and the opposition's budget reply.


Published

By Cameron Carr

Presented by Maridel Martinez, TJ Correa

Source: SBS




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The latest episode of Usap Tayo examines the typical resident's cost of living following the release of the federal budget and the opposition's budget reply.


Key Points

  • The Australian government delivered the federal budget on Tuesday night, followed by the opposition's official reply on Thursday evening.
  • If the federal budget were scaled to $100, the largest portion of $37.10 would be allocated to social security and welfare programs.
  • Using the same $100 scale for revenue, more than half of the nation's funding is sourced directly from individual income taxes.

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