The spending power of Australian households has increased over the term of this Government. From 1 July 2010, working Australians will benefit from tax cuts for the third consecutive year under this Government. This is in addition to increased Government assistance for working families for the costs of education, child care and dental care. Older Australians will continue to benefit from this Government's substantial increases to the Age Pension and the Pension Supplement.
Projected improvement in the real disposable incomes and the net tax thresholds of different household types from 2007‑08 to 2010‑11