Revealed: The staggering amount working Aussies are now paying in tax trends now
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Working Australians are now typically paying more than $18,000 a year in income taxes - with government revenue rising at a much faster pace than population growth.
During the 2022-23 financial year, Prime Minister Anthony Albanese's government collected $278.39billion from personal income taxes.
This made up 45 per cent of the Commonwealth's $618.227billion in revenue.
The 14.9 per cent annual rise was much steeper than the 2.4 per cent population growth as wages growth boosted tax collections, new Australian Bureau of Statistics data released on Tuesday revealed.
With Australia home to 15.13million taxpayers, that left an average income tax bill of $18,395.
Working Australians are now typically paying more than $18,000 a year in income taxes - with government revenue rising at a much faster pace than population growth
But that was far from the only tax on individuals, with revenue from the health
