Tax Refunds: Average To Date Is $2353

Lifehacker AU

Since our last look at the current state of tax refund processing, things don’t seem to have changed much. The ATO has now received 4.68 million returns, finalised 3.84 million and given 3.46 million refunds with a total value of $8.15 billion. That means 90 per cent of us are getting a refund, with an average amount of $2353.

The last update included the revelation that the ATO was just marginally behind its stated target of processing 94 per cent of electronically-submitted returns within 14 days. There’s no new figures on that target this time around, so I’m imagining it is still hovering in the low 90s somewhere.

ATO

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(7 Comments)
  • [–]

    wsDK_II

    Friday, August 26, 2011 at 9:17 AM

    damn, i only got $1000 back :(

    to make up the extra $1353 ill need to work for 8 days :(

  • [–]

    Ryan

    Friday, August 26, 2011 at 9:35 AM

    I have been waiting a month for my return. I know it is only like $400 but I still want my money.

    • [–]

      Parker

      Friday, August 26, 2011 at 11:00 AM

      Me too! :(

  • [–]

    Chris

    Friday, August 26, 2011 at 10:35 AM

    Crap i need to do mine.

    • [–]

      Rossco

      Friday, August 26, 2011 at 11:03 AM

      Same… where can I find some time…

  • [–]

    Monoclonal

    Friday, August 26, 2011 at 12:01 PM

    my refund – minus $109 – bastards!

  • [–]

    Jake D

    Friday, August 26, 2011 at 12:14 PM

    I guess I’m bringing the average down with may $2k bill.

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