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Operating Revenue
FY2001 operating revenue estimate of
$34.27 billion is an increase of $947.92 million or
2.8% over the revised FY2000 estimate. It reflects the
continued economic growth projected for the year.
The distribution of operating revenue by the main components
of tax revenue, fees and charges, net investment income
contribution and miscellaneous collection is shown in
the chart below.
Click
here to view the Distribution of Operating Revenue Chart
Tax Revenue
Tax revenue for FY2001 is estimated
at $28.33 billion, an increase of $2.37 billion or 9.1%,
reflective of continued economic growth. Four items
make up the bulk of tax revenue. These are $13.95 billion
or 49.2% in corporate and personal income tax, $2.40
billion (8.5%) in GST revenue, $2.06 billion (7.3%)
in property tax and $1.70 billion (6.0%) in stamp duty.
Fees and Charges
Revenue from fees and charges is projected
at $5.00 billion. This is 12.6% lower than the expected
FY2000 figure, mainly due to reduced Certificate of
Entitlement collections.
The contribution from Net Investment
Income is estimated at $856.00 million, compared to
the FY2000 contribution of $1.55 billion.
Miscellaneous Revenue
Other revenue is estimated at $83.38
million.
Operating Revenue Trends
The operating revenue trends for FY1995
to FY2001 are summarised in the chart below.
Click
here to view the Operating Revenue Trends Chart
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