Quiz – the current tax system

In Australia, taxes are collected at all three levels of government - federal, state and territory and local governments. In recent years, how much tax has been collected by the federal Government?*

Around one-third of all tax revenue
Around half of all tax revenue
Around 80 per cent of all tax revenue

In the 1950s, Australia collected around 50 per cent of tax revenue from personal and corporate income taxes. How does this compare to today?*

Slightly more now at around 60%
Much higher now at 80%
Much lower now at 30%

One aspect of the Australian tax system that differs from most other developed countries is that:*

Australia does not have any land taxes
Australia does not levy any social security contributions on individual earnings, but has a system of compulsory superannuation
Australia has no payroll taxes

What percentage of state and territory government revenue currently comes from the federal Government?*

Around 45%
Around 85%
Around 35%

Compared to other developed countries, Australia’s reliance on personal income and corporate taxes is?*

Higher than most other countries
Lower than most other countries
About the same as other countries

Quiz - the current tax system