Government spending on welfare as percentage of Taxation receipts..
In 2014-15, government spending on welfare was an estimated $190.0 billion out of $446 billion in Taxation receipts, so about 42% of Taxation funding is going on Welfare Payments and costs.
Sources:
Tax Revenue: www.abs.gov.au/ausstats/abs@.nsf/mf/5506.0
Welfare Spending: www.dailytelegraph.com.au
Welfare Spending as percentage of Taxation receipts from 2003
2003-04 32.8% of Taxation receipts
2004-05
2005-06
2006-07
2007-08 29.3% of Taxation receipts
2008-09 39.6% of Taxation receipts
2009-10 34.6% of Taxation receipts
2010-11
2011-12
2012-13 34.0% of Taxation receipts
2013-14
2014-15 42.6% of Taxation receipts (see above)
Source: www.aihw.gov.au/australias-welfare/2015/spending-and-workforce
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