Previous PageContents and Download Next Page

Single income family with two children, one aged under 5 and one aged 5-12 years

Private income
per annum
Existing net transfers from government(a)
per annum
Disposable income
per annum
Increased Assistance Total Additional Benefit
Tax cuts
per annum(b)
Family assistance per annum Government superannuation co-contribution(c)
per annum
Per annum Per week
$0 $25,790 $25,790 $0.00 $2,365.36 $500.00 $2,865.36 $55.10
$10,000 $19,709 $29,709 $0.00 $2,365.36 $500.00 $2,865.36 $55.10
$15,000 $15,954 $30,954 $0.00 $2,365.36 $500.00 $2,865.36 $55.10
$20,000 $12,187 $32,187 $0.00 $2,032.66 $500.00 $2,532.66 $48.71
$25,000 $8,309 $33,309 $0.00 $1,342.98 $500.00 $1,842.98 $35.44
$30,000 $4,552 $34,552 $0.00 $1200.00 $600.00 $1,800.00 $34.62
$35,000 $1,553 $36,553 $0.00 $1,524.50 $750.00 $2,274.50 $43.74
$40,000 -$1,522 $38,478 $0.00 $2024.50 $880.00 $2,904.50 $55.86
$45,000 -$4,597 $40,403 $0.00 $2,524.50 $650.00 $3,174.50 $61.05
$50,000 -$6,812 $43,188 $0.00 $2,164.60 $400.00 $2,564.60 $49.32
$55,000 -$8,747 $46,253 $360.00 $1,200.00 $150.00 $1,710.00 $32.88
$60,000 -$10,922 $49,078 $960.00 $1,200.00 $0.00 $2,160.00 $41.54
$65,000 -$13,222 $51,778 $1,445.00 $1,200.00 $0.00 $2,645.00 $50.87
$70,000 -$15,647 $54,353 $1,695.00 $1,200.00 $0.00 $2,895.00 $55.67
$75,000 -$18,072 $56,928 $1,945.00 $1,200.00 $0.00 $3,145.00 $60.48
$80,000 -$20,497 $59,503 $2,195.00 $1,200.00 $0.00 $3,395.00 $65.29
$85,000 -$22,922 $62,078 $2,195.00 $1,200.00 $0.00 $3,395.00 $65.29
$90,000 -$26,746 $63,254 $2,195.00 $1,200.00 $0.00 $3,395.00 $65.29
$95,000 -$29,962 $65,038 $2,195.00 $491.10 $0.00 $2,686.00 $51.66
$100,000 -$32,387 $67,613 $2,195.00 $0.00 $0.00 $2,195.00 $42.21
  1. Equals income support payments and Family Tax Benefits (where relevant) less income tax payable. (A positive number indicates that income support and family assistance exceeds tax liability.)
  2. As at 1 July 2005
  3. Difference between maximum co-contribution from Government under existing and new scheme

Previous PageContents and Download Next Page