Investor Presentaiton
Queensland has a diversified revenue mix
BUDGETED REVENUES
2023-24: AUD82.1 BILLION
■TAXATION REVENUE *(26.7%)
BUDGETED TAXATION REVENUES
2023-24: AUD21.9 BILLION
SALES OF GOODS AND SERVICES (8.4%)
ROYALTIES AND LAND RENTS (8.9%)
OTHER REVENUE (1.9%)
INTEREST INCOME (3.9%)
■GRANTS INCL FROM AUST GOVT # (48.3%)
■DUTIES (34.8%)
PAYROLL TAX (29.7%)
MOTOR VEHICLE REGISTRATION (10.5%)
LAND TAX (9.3%)
GAMBLING TAXES AND LEVIES (9.2%)
OTHER TAXES (6.5%)
■DIVIDEND AND TAX EQUIVALENT REVENUE (1.9%)
* This comprises the taxes and levies listed in the budgeted taxation revenues chart. #Grants from the Australian Government are almost evenly split between general and specific purpose payments.
General purpose payments include GST revenue grants, are 'untied' and used for both recurrent and capital purposes. Specific purpose payments are 'tied' and used to fund specific projects or programs
in order to support service delivery and facilitate reforms.
Data source: Queensland Government 2023-24 Budget.
QTC
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