Single income couple, Three dependent children, one aged under 5 years and two aged between 5 and 12 years

 

Single income couple Three dependent children, one aged under 5 years and two 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

$42,606

$683

$0

$683

$392

120% +

$5,000

$25,363

$45,912

$683

$0

$683

$413

120% +

$10,000

$27,513

$48,062

$683

$0

$683

$427

120% +

$15,000

$29,513

$49,689

$683

$373

$1,056

$438

120% +

$20,000

$31,513

$51,389

$683

$647

$1,330

$448

120% +

$25,000

$33,523

$53,198

$638

$523

$1,161

$460

120% +

$30,000

$35,523

$55,048

$638

$323

$961

$472

120% +

$35,000

$37,523

$56,315

$714

$303

$1,017

$480

120% +

$40,000

$39,523

$56,990

$714

$303

$1,017

$484

120% +

$45,000

$44,500

$59,619

$332

$303

$635

$499

120% +

$50,000

$49,500

$62,111

$332

$303

$635

$514

120% +

$55,000

$54,500

$64,242

$332

$303

$635

$527

120% +

$60,000

$59,500

$66,467

$332

$303

$635

$540

100% +

Middle income households

$65,000

$64,500

$68,692

$332

$303

$635

$554

100% +

$70,000

$69,500

$70,997

$370

$266

$635

$567

100% +

$75,000

$74,500

$73,422

$495

$140

$635

$582

100% +

$80,000

$79,500

$75,847

$620

$16

$635

$596

100% +

$85,000

$84,500

$77,957

$632

$3

$635

$609

100% +

$90,000

$89,500

$80,032

$632

$3

$635

$621

100% +

$95,000

$94,500

$82,359

$479

$3

$482

$634

50 – 99%

$100,000

$99,500

$85,434

$479

$3

$482

$652

50 – 99%

$105,000

$104,500

$88,509

$479

$3

$482

$670

50 – 99%

$110,000

$109,500

$90,117

$479

$3

$482

$679

50 – 99%

$115,000

$114,500

$91,692

$479

$3

$482

$688

50 – 99%

$120,000

$119,500

$93,267

$479

$3

$482

$697

50 – 99%

$125,000

$124,500

$94,842

$434

$3

$437

$706

50 – 99%

$130,000

$129,500

$96,321

$274

$3

$277

$715

1 – 49%

$135,000

$134,500

$99,396

$224

$3

$227

$732

1 – 49%

$140,000

$139,500

$102,471

$174

$3

$177

$750

1 – 49%

$145,000

$144,500

$105,546

$124

$3

$127

$768

1 – 49%

$150,000

$149,500

$108,621

$74

$3

$77

$785

1 – 49%

High income households

$155,000

$154,500

$107,568

$0

$3

$3

$779

-

$160,000

$159,500

$110,643

$0

$3

$3

$796

-

$165,000

$164,500

$113,718

$0

$3

$3

$812

-

$170,000

$169,500

$116,793

$0

$3

$3

$829

-

$175,000

$174,500

$119,868

$0

$3

$3

$845

-

$180,000

$179,500

$122,943

$0

$3

$3

$862

-

$185,000

$184,500

$125,658

$0

$3

$3

$877

-

$190,000

$189,500

$128,333

$0

$3

$3

$891

-

$195,000

$194,500

$131,008

$0

$3

$3

$906

-

$200,000

$199,500

$133,683

$0

$3

$3

$920

-