in Australia, when we pay taxes, we get a receipt. The receipt shows what our taxes were spent on
I assume "Other purposes" is govt kickbacks to mining and gas companies 😬
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Nice to see our debt is being reduced. Meanwhile, the US is struggling to figure out how not to let their economy implode.
Unfortunately paying the interest on your debt is not the same as paying down the actual (principle) debt. Unless there's something I'm not seeing.
Edit: There was in fact something I wasn't seeing.
See “gross debt this year” and “last year”. We had surplus so it has been put toward paying down the principle
Derp, I just looked at bar chart breakdown, didn't see that.
They got is sorted mate. They printing more money.