Appendix A
Higher household incomes

The spending power of Australians has increased significantly since 1996‑97.

The increase in the wage level at which families become net taxpayers has been even more dramatic. For example, for a single income couple earning average full‑time wages with two children, their real take-home income will have increased by 36.3 per cent and the point at which they become net taxpayers will be $48,065, a real increase of 41.3 per cent.

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Improvement in the real disposable incomes and the net tax thresholds for different household types since 1996‑97

Table: Improvement in the real disposable incomes and the net tax thresholds for different household types since 1996-97

(a) AWOTE is average weekly ordinary time earnings for full‑time employees.

(b) The net tax threshold is the private income at which taxes paid exceed cash benefits received.

(c) Families with children have two, one aged 3 the other 8 years.

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27 2006‑07 Budget Overview