'Taxes, after all, are dues that we pay for the privileges of membership in an organised society'. Franklin D Roosevelt
You make the decision is an interactive that asks the student to assume the role of Treasurer of the Australian Government. Six representatives of various organisations and governments lobby for funding in the upcoming Australian Federal Budget. The 'Treasurer' must assess the competing needs and decide which organisations deserve funding and at what cost in terms of re-directing expenditure or altering existing budgetary arrangements. The outcome should result in a balanced budget.
You make the decision – accessible text transcript.
You make the decision - PDF version
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Fact 3
Tax-free threshold
Individuals who are Australian residents for taxation purposes pay no tax on the first $18,200 taxable income for the full financial year. This is called the tax-free threshold. They may claim the tax-free threshold from one employer only. Non-residents cannot claim the tax-free threshold.
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