Well, ABS say that personal gross income for 2017 is about $612bn, and tax receipts totalled $488bn, which is ...... 80% ...... 79.74%, to be more precise.
http://www.abs.gov.au/ausstats/[email protected]/mf/5506.0
Average wage May ‘17 $1164.6,
https://www.lifehacker.com.au/2017/12/how-much-does-the-average-australian-earn-in-a-year/
http://quickstats.censusdata.abs.gov.au/census_services/getproduct/census/2016/quickstat/036
With 10,114,600 employed.
10,114,600 x 52 x 1164.6 = $612bn.
Shirking responsibility and blaming banks, page-48
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