Dual income (50:50) couple Two dependent children, one aged under 5 years and one aged between 5 and 12 years

Dual income (50:50) couple Two dependent children, one aged under 5 years and one aged between 5 and 12 years

Private income

Taxable income before Carbon Price

Disposable income before Carbon Price

Increases in Australian Government payments

Gains from tax reform

Total Australian Government assistance

Average cost of living impact of Carbon Price

Percentage of impact offset

Low income households

$0

$22,057

$36,725

$596

$0

$596

$338

120% +

$5,000

$26,169

$40,426

$596

$0

$596

$361

120% +

$10,000

$28,669

$42,676

$596

$0

$596

$374

120% +

$15,000

$30,969

$44,746

$596

$0

$596

$387

120% +

$20,000

$32,969

$46,546

$596

$0

$596

$398

120% +

$25,000

$34,969

$47,901

$596

$445

$1,041

$407

120% +

$30,000

$36,969

$49,401

$596

$745

$1,341

$415

120% +

$35,000

$38,969

$50,901

$596

$1,045

$1,641

$424

120% +

$40,000

$40,969

$52,401

$596

$1,293

$1,889

$433

120% +

$45,000

$44,000

$54,523

$245

$1,357

$1,602

$445

120% +

$50,000

$49,000

$57,481

$245

$1,046

$1,291

$462

120% +

$55,000

$54,000

$60,421

$175

$846

$1,021

$479

120% +

$60,000

$59,000

$63,596

$175

$646

$821

$497

120% +

Middle income households

$65,000

$64,000

$66,611

$175

$606

$781

$514

120% +

$70,000

$69,000

$69,586

$175

$606

$781

$532

120% +

$75,000

$74,000

$72,561

$175

$606

$781

$550

120% +

$80,000

$79,000

$74,956

$73

$606

$679

$565

120% +

$85,000

$84,000

$78,181

$73

$606

$679

$585

100% +

$90,000

$89,000

$81,406

$73

$606

$679

$604

100% +

$95,000

$94,000

$84,631

$73

$606

$679

$624

100% +

$100,000

$99,000

$87,856

$73

$606

$679

$644

100% +

$105,000

$104,000

$90,103

$73

$606

$679

$658

100% +

$110,000

$109,000

$91,828

$73

$606

$679

$668

100% +

$115,000

$114,000

$93,553

$73

$606

$679

$679

50 – 99%

$120,000

$119,000

$96,055

$0

$606

$606

$694

50 – 99%

$125,000

$124,000

$99,280

$0

$606

$606

$714

50 – 99%

$130,000

$129,000

$102,505

$0

$606

$606

$734

50 – 99%

$135,000

$134,000

$105,730

$0

$616

$616

$754

50 – 99%

$140,000

$139,000

$109,115

$0

$531

$531

$775

50 – 99%

$145,000

$144,000

$112,540

$0

$406

$406

$796

50 – 99%

$150,000

$149,000

$115,965

$0

$281

$281

$817

1 – 49%

High income households

$155,000

$154,000

$119,390

$0

$156

$156

$838

1 – 49%

$160,000

$159,000

$122,815

$0

$31

$31

$859

1 – 49%

$165,000

$164,000

$125,960

$0

$6

$6

$879

-

$170,000

$169,000

$129,035

$0

$6

$6

$899

-

$175,000

$174,000

$132,110

$0

$6

$6

$921

-

$180,000

$179,000

$135,185

$0

$6

$6

$943

-

$185,000

$184,000

$138,260

$0

$6

$6

$965

-

$190,000

$189,000

$141,335

$0

$6

$6

$986

-

$195,000

$194,000

$144,410

$0

$6

$6

$1,008

-

$200,000

$199,000

$147,485

$0

$6

$6

$1,030

-