Nuclear subs, tax cuts, or money to raise the jobseeker rate – how would you spend Australian tax dollars?

Government spending is always contentious, with every choice made being highly political.

For example, Labor has said it will not scrap the controversial stage-three tax cuts. But what if they were scrapped? What if there was an extra $243bn in the budget over the next 10 years? What could be done?

And similarly, what if we didn’t spend up to $58bn on a nuclear submarine program over the next ten years, what else could we spend it on?

This interactive allows you to play treasurer by adding in spendings and savings measures. If you would like to use your savings to “pay down the debt” then simply save more than you spend.