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  • Tax payable

    Figure 10 shows the trend in tax payable by industry segment over the past five years. Table 1 summarises this data.

    Figure 10: Tax payable by industry segment over five years

    This column graph shows the trend in tax payable over five years from 2015–16 to 2019–20, by industry segment (banking, finance and investment; insurance; manufacturing, construction and agriculture; wholesale, retail and services and mining, energy and water). With the exception of the banking, finance and investment and insurance segments which dropped in 2019–20, the tax payable across all other industry segments steadily increased. This graph also shows that aggregate tax payable has increased over the five years.

    Table 1: Five-year trend of tax payable by industry segment ($b)

    Industry segment

    2015–16

    2016–17

    2017–18

    2018–19

    2019–20

    BFI

    14.5

    15.5

    16.2

    14.9

    14.1

    ISR

    2.5

    2.7

    2.7

    2.2

    1.9

    MCA

    3.3

    3.5

    4.1

    3.7

    3.7

    WRS

    11.6

    11.9

    13.2

    12.4

    12.5

    MIN

    6.3

    12.1

    16.1

    22.9

    25.0

    All industry segments

    38.2

    45.7

    52.3

    56.1

    57.2

      Last modified: 10 Dec 2021QC 67484