Single income couple, Two dependent children, one aged between 5 and 12 years and one aged between 13 and 17 years

Single income couple Two dependent children, one aged between 5 and 12 years and one aged between 13 and 17 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

$37,894

$599

$0

$599

$349

120% +

$5,000

$25,363

$41,200

$599

$0

$599

$369

120% +

$10,000

$27,513

$43,350

$599

$0

$599

$383

120% +

$15,000

$29,513

$44,977

$599

$373

$972

$393

120% +

$20,000

$31,513

$46,677

$599

$647

$1,246

$404

120% +

$25,000

$33,523

$48,487

$554

$523

$1,077

$415

120% +

$30,000

$35,523

$50,337

$554

$323

$877

$426

120% +

$35,000

$37,523

$51,604

$630

$303

$933

$434

120% +

$40,000

$39,523

$52,279

$630

$303

$933

$438

120% +

$45,000

$44,500

$54,597

$248

$303

$551

$452

120% +

$50,000

$49,500

$57,305

$248

$303

$551

$468

100% +

$55,000

$54,500

$59,530

$248

$303

$551

$481

100% +

$60,000

$59,500

$61,755

$248

$303

$551

$494

100% +

Middle income households

$65,000

$64,500

$63,980

$248

$303

$551

$508

100% +

$70,000

$69,500

$66,285

$286

$266

$551

$522

100% +

$75,000

$74,500

$68,710

$411

$140

$551

$536

100% +

$80,000

$79,500

$71,135

$536

$16

$551

$550

100% +

$85,000

$84,500

$73,245

$548

$3

$551

$562

50 – 99%

$90,000

$89,500

$76,259

$424

$3

$427

$579

50 – 99%

$95,000

$94,500

$79,334

$424

$3

$427

$597

50 – 99%

$100,000

$99,500

$82,409

$424

$3

$427

$615

50 – 99%

$105,000

$104,500

$84,356

$424

$3

$427

$626

50 – 99%

$110,000

$109,500

$85,931

$424

$3

$427

$635

50 – 99%

$115,000

$114,500

$87,506

$424

$3

$427

$644

50 – 99%

$120,000

$119,500

$89,028

$351

$3

$354

$653

50 – 99%

$125,000

$124,500

$92,103

$306

$3

$309

$671

1 – 49%

$130,000

$129,500

$95,178

$256

$3

$259

$688

1 – 49%

$135,000

$134,500

$98,253

$206

$3

$209

$704

1 – 49%

$140,000

$139,500

$101,328

$156

$3

$159

$721

1 – 49%

$145,000

$144,500

$104,403

$106

$3

$109

$737

1 – 49%

$150,000

$149,500

$107,478

$56

$3

$59

$754

1 – 49%

High income households

$155,000

$154,500

$107,568

$0

$3

$3

$754

-

$160,000

$159,500

$110,643

$0

$3

$3

$771

-

$165,000

$164,500

$113,718

$0

$3

$3

$788

-

$170,000

$169,500

$116,793

$0

$3

$3

$804

-

$175,000

$174,500

$119,868

$0

$3

$3

$821

-

$180,000

$179,500

$122,943

$0

$3

$3

$837

-

$185,000

$184,500

$125,658

$0

$3

$3

$852

-

$190,000

$189,500

$128,333

$0

$3

$3

$868

-

$195,000

$194,500

$131,008

$0

$3

$3

$885

-

$200,000

$199,500

$133,683

$0

$3

$3

$902

-