Highest marginal tax rate; individual (on income exceeding; US dollar) in Australia


The Highest marginal tax rate; individual (on income exceeding; US dollar) in Australia was 133560.00 in 2009, according to a World Bank report, published in 2010. The Highest marginal tax rate; individual (on income exceeding; US dollar) in Australia was reported at 133311.00 in 2008, according to the World Bank. Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals. This series presents the income levels for individuals above which the highest marginal tax rates levied at the national level apply.This page includes a historical data chart, news and forecasts for Highest marginal tax rate; individual (on income exceeding; US dollar) in Australia. Australia's economy is dominated by its services sector, yet its economic success is based on abundance of agricultural and mineral resources. Australia's comparative advantage in the export of primary products is a reflection of the natural wealth of the Australian continent and its small domestic market. The country is a major regional financial centre and a vital component of the global financial system.




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australia highest marginal tax rate individual on income exceeding us dollar wb data


World Bank Indicators - australia - Government finance
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Revenue; excluding grants (current LCU) in Australia 287354000000.0313573000000.0View Chart
Revenue; excluding grants (% of GDP) in Australia 26.326.5View Chart
Subsidies and other transfers (current LCU) in Australia 188403000000.0203696000000.0View Chart
Subsidies and other transfers (% of expense) in Australia 70.871.1View Chart
Tax revenue (current LCU) in Australia 261978000000.0285659000000.0View Chart
Tax revenue (% of GDP) in Australia 24.024.2View Chart
Taxes on exports (current LCU) in Australia 14000000.010000000.0View Chart
Taxes on exports (% of tax revenue) in Australia 0.00.0View Chart
Taxes on goods and services (current LCU) in Australia 66587000000.070617000000.0View Chart
Taxes on goods and services (% of revenue) in Australia 23.122.5View Chart
Taxes on goods and services (% value added of industry and services) in Australia 7.17.0View Chart
Taxes on income; profits and capital gains (current LCU) in Australia 189368000000.0208566000000.0View Chart
Taxes on income; profits and capital gains (% of revenue) in Australia 65.866.4View Chart
Taxes on income; profits and capital gains (% of total taxes) in Australia 72.373.0View Chart
Taxes on international trade (current LCU) in Australia 5658000000.06080000000.0View Chart
Taxes on international trade (% of revenue) in Australia 2.01.9View Chart
Cash surplus/deficit (current LCU) in Australia 17826000000.022689000000.0View Chart
Cash surplus/deficit (% of GDP) in Australia 1.61.9View Chart
Central government debt; total (current LCU) in Australia 219432215000.0214587403000.0View Chart
Central government debt; total (% of GDP) in Australia 20.118.2View Chart
Compensation of employees (current LCU) in Australia 27744000000.029835000000.0View Chart
Compensation of employees (% of expense) in Australia 10.410.4View Chart
Customs and other import duties (current LCU) in Australia 5644000000.06070000000.0View Chart
Customs and other import duties (% of tax revenue) in Australia 2.22.1View Chart
Expense (current LCU) in Australia 266277000000.0286707000000.0View Chart
Expense (% of GDP) in Australia 24.424.3View Chart
Goods and services expense (current LCU) in Australia 29558000000.031120000000.0View Chart
Goods and services expense (% of expense) in Australia 11.110.9View Chart
Grants and other revenue (current LCU) in Australia 25759000000.028379000000.0View Chart
Grants and other revenue (% of revenue) in Australia 9.09.0View Chart
Highest marginal tax rate; corporate rate (%) in Australia 30.030.0View Chart
Highest marginal tax rate; individual (on income exceeding; US dollar) in Australia  133311.0View Chart
Highest marginal tax rate; individual rate (%) in Australia 45.045.0View Chart
Interest payments (current LCU) in Australia 9604000000.010208000000.0View Chart
Interest payments (% of expense) in Australia 3.63.6View Chart
Interest payments (% of revenue) in Australia 3.33.3View Chart
Other expense (current LCU) in Australia 16027000000.016988000000.0View Chart
Other expense (% of expense) in Australia 6.05.9View Chart
Other taxes (current LCU) in Australia 365000000.0396000000.0View Chart
Other taxes (% of revenue) in Australia 0.10.1View Chart


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GLOBAL ECONOMIC NEWS
Japan's Trade Deficit Widens in April
Published: 5/23/2012 1:18:40 PM By: TradingEconomics.com, Ministry of Finance Japan
Japan posted a larger-than-expected trade deficit in April, widening from shortfalls in the previous month and a year earlier as exports of steel and plastic declined on reduced demand from China and imports of fossil fuels increased.

Bank of Japan Keeps Monetary Policy Unchanged
Published: 5/23/2012 12:57:08 PM By: TradingEconomics.com, Bank of Japan
At the Monetary Policy Meeting held on May 23rd, the Policy Board of the Bank of Japan decided, by a unanimous vote, to keep the uncollateralized overnight call rate at around 0 to 0.1 percent.

UK Inflation Down to 3% in April
Published: 5/22/2012 11:17:34 AM By: TradingEconomics.com, UK Statistics
UK CPI annual inflation stands at 3.0 per cent in April 2012, down from 3.5 per cent in March. The timing of Easter had a significant impact on the April data.

Japanese GDP Grows 1% in Q1
Published: 5/17/2012 11:20:34 AM By: TradingEconomics.com, Cabinet Office
Japan's gross domestic product (GDP) expanded 1.0 percent in January-March from the previous quarter after a revised 0.0 percent result for October-December last year. The recovery was mostly due to solid consumer spending, post-quake rebuilding and rising exports.

U.K. Unemployment Rate Down to 8.2 in March
Published: 5/16/2012 4:26:31 PM By: TradingEconomics.com, ONS
The unemployment rate was 8.2 per cent of the economically active population for January-March 2012, down 0.2 on the quarter. There were 2.63 million unemployed people, down 45,000 on the quarter.

Euro Area External Trade Surplus Widens in March
Published: 5/16/2012 2:52:37 PM By: TradingEconomics.com, Eurostat
The first estimate for the euro area (EA17) trade in goods balance with the rest of the world in March 2012 gave a 8.6 bn euro surplus, compared with +1.0 bn in March 2011. The February 2012 balance was +2.3 bn, compared with -2.9 bn in February 2011. In March 2012 compared with February 2012, seasonally adjusted exports fell by 0.9% and imports by 1.1%.

Euro Area Annual Inflation Down to 2.6%
Published: 5/16/2012 2:50:32 PM By: TradingEconomics.com, Eurostat
Euro Area annual inflation was 2.6% in April 2012, down from 2.7% in March. A year earlier the rate was 2.8%. Monthly inflation was 0.5% in April 2012.

U.S. Annual Inflation Down to 2.3% in April
Published: 5/15/2012 1:35:37 PM By: TradingEconomics.com, U.S. Bureau of Labor Statistics
The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.3 percent before seasonal adjustment.

U.K. Trade Deficit Narrows in March
Published: 5/15/2012 12:47:10 PM By: TradingEconomics.com, ONS
The UK’s deficit in Trade in Goods and Services narrowed to £2.7 billion in March, down £0.2 billion from £2.9 billion in February.

Canada's Unemployment Rate Up to 7.3% in April
Published: 5/11/2012 1:39:49 PM By: TradingEconomics.com, Statistics Canada
Canada's employment increased by 58,000 in April, mostly in full-time work. This was the second consecutive month of notable gains after four months of little change. With more people searching for work, the unemployment rate increased by 0.1 percentage points to 7.3%.