Supporting Australian Households Fact Sheet

8/6/2019 Supporting Australian Households Fact Sheet

1/40

SupportingAustralianhouseholds

Helping HouseHolds move to a

clean energy future


2/40

Over 1 MILLION

Austalianswill no long

nd to lodg a tax tun.

2 IN 3 HOUSeHOLDSwill gt

tax cuts o incasd paymnts

that co thi xpctd aag

pic impact.

Over 4 MILLION housholds

will gt assistanc that is at

last 20 p cnt mo than thi

aag pic impact

9 IN 10 HOUSeHOLDSwill

ci som combination of taxcuts and incasd paymnts to

hlp thm with th cost of liing

impact of th cabon pic.

What the carbon price means forAustralian households

Find out what you ntitld to at www.clanngyfutu.go.au


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ContentsAustralia needs to cut pollution 2

... and move to a clean energy uture 3

What does it mean or me and my amily? 4

Millions o households will be better o 5

How much will I get? 6

Assistance will be permanent and will increase 7

Tax cuts or millions o people 8

Over a million taxpayers out o the tax system 9

Increased payments or age pensioners 10

Tax cuts and increased payments or amilies 11

Tax cuts and extra payments or selunded retirees 12

Supporting people with disability and carers 13

Assistance or students and lowincome earners 14

Strong jobs growth 15

You can play your part and save money too 16

Detailed household outcomes 17

Commonwealth o Australia 2011

ISBN 9780642747228

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The Commonwealths preerence is that you attribute this publication (andany material sourced rom it) using the ollowing wording:

Source: Licensed from the Commonwealth of Australia under a CreativeCommons Attribution 3.0 Australia Licence.

The Commonwealth of Australia does not necessarily endorse thecontent of this publication.

Use of the Coat of Arms

The terms under which the Coat o Arms can be used are set out on the Itsan Honour website (see www.itsanhonour.gov.au)

Printed by CanPrint Communications Pty Ltd


4/40Find out what youre entitled to at www.cleanenergyuture.gov.au2

Australias carbon

pollution

Australia generates more

pollution per person than any

developed country, including

the United States. We produce

signicantly more pollution

per person than India and China.

Australias carbon pollution

is high because our electricityis mainly generated by burning

coal. Transport, mining, industry,

arming and deorestation

also contribute.

Our carbon pollution is continuing

to grow at a rapid rate. Without

action, it is expected to continue

to grow by almost 2 per cent ayear to 2020.

Reducing our carbon pollution

means we have to produce

and use energy in a cleaner,

smarter way.

Our climate is changing

The CSIRO, the Bureau o Meteorology, and Academies o Science rom around the

world have all advised that the world is warming and high levels o carbon pollution

risk environmental and economic damage.

In Australia and across the globe, 2001 to 2010 was the warmest decade on record.Each decade in Australia since the 1940s has been warmer than the last.

Climate change risks damaging our environment and way

o lie

Australia aces signicant environmental and economic costs in a warmer, more

unstable climate. Climate scientists advise that extreme weather events, such as

droughts, heatwaves and bushres, are likely to become more requent and severe.

This threatens our homes, businesses and communities, and vital industries such

as agriculture.

Scientists agree that the worst e ects o climate change can largely be avoided i we

reduce carbon pollution to an acceptable level.

The world is moving to a clean energy uture

Countries around the world are already taking action on climate change. 89 countries

representing 80 per cent o global emissions and 90 per cent o the worlds

economy have already pledged to take action on climate change.

Globally, more money is now invested in new renewable power than in conventional

highpollution energy generation. China is now the worlds largest manuacturer o

both solar panels and wind turbines.

Acting now is cheaper than acting later

Australia has an opportunity to move to a clean energy uture and cut pollution beore

the task becomes more dicult and costly.

Australia needs to cut

pollution


5/40Supporting Australian households: Helping households move to a clean energy future 3

A carbon price

Currently, releasing carbonpollution is ree despite the

act that it is harming our

environment.

A carbon price changes this.

It puts a price on the carbon

pollution that Australias largest

polluters produce. This creates

a powerul incentive or all

businesses to cut their pollution,

by investing in clean technology

or nding more ecient ways

o operating.

It encourages businesses across

all industries to nd the cheapest

and most eective way o

reducing carbon pollution.

The Australian Government is building a clean

energy uture

The Government has a comprehensive plan to move to a clean energy uture.

This includes:

introducing a carbon price promoting innovation and investment in renewable energy

encouraging energy eciency

creating opportunities in the land sector to cut pollution.

The Governments plan to move to a clean energy uture will:

dramatically cut pollution

our clean energy plan will cut pollution by at least 5 per cent compared with

2000 levels by 2020, which will require cutting net expected pollution by at

least 23 per cent in 2020

this is equivalent to taking over 45 million cars o the road by 2020

by 2050 we are committing to cut pollution to 80 per cent below 2000 levels

unleash innovation and investment worth billions o dollars in renewable energy

large scale renewable electr icity generation, excluding hydro, is projected to be

18 times its current size by 2050. Total renewable generation (including hydro)

will comprise around 40 per cent o electr icity generation in 2050

transorm our energy sec tor away rom high polluting sources, like brown coal

the Government will negotiate to close down around 2000 megawatts o

highpolluting coalred power generation, creating space or new cleanenergy supplies

store millions o tonnes o carbon in the land through better land and

waste management

between now and 2050, around 460 million tonnes o carbon pollution will

be reduced or stored instead o entering our atmosphere under the Carbon

Farming Initiative.

... and move to a clean

energy future



Price impacts

o introducing a

carbon price

The impact o the carbon price

will be modest compared to other

price increases.

The carbon price will increase

prices by 0.7 per cent over

201213, as measured by the

consumer price index (CPI).

This is much smaller than the:

2.5 per cent increase rom the

GST and related tax changes

2.9 per cent average annual

infation between 200102 and

200910.

What does it mean for me

and my family?

The impact on prices will be modest

The carbon pricing mechanism will apply to around 500 o Australias largest polluters.

They will need a permit or every tonne o carbon pollution they produce. The cost o

that permit is the carbon price.

Some businesses will pass on the carbon price, leading to modest rises in prices. In201213, this is expected to increase the cost o living by 0.7 per cent. The GST and

related changes to the tax system pushed up prices more than three times as much as

the carbon price is expected to.

Many prices, particularly ood, will hardly be aected. On average ood will go up by

less than $1 per week or households.

The carbon price will not directly apply to the price o uel that households pay at the

petrol bowser.

Average weekly household expenditure will go up around $9.90, including

$3.30 per week on the average electricity bill and $1.50 per week on the average gasbill. On average, households will receive $10.10 per week in assistance.

Appropriate action will be taken against businesses that use the carbon price as an

excuse to put up prices beyond the cost o carbon.

Price impact from the introduction of a carbon price compared to history

0.0

0.5

1.0

1.5

2.0

2.5

3.0

0.0

0.5

1.0

1.5

2.0

2.5

3.0

Average annual CPI growth2001-02 to 2009-10

CPI impact of the GSTand related tax changes

(2000-01)

Expected CPI impact of thecarbon price

(2012-13)

Per centPer cent



Over 4 million

households get

assistance worth120 per cent o their

expected average

price impact

A typical couple with no children,

with one person earning just

under $60,000 and their partner

earning around $25,000 will get

assistance that is $288 per year

more than their expected average

price impact.

A selunded retiree couple with

a single taxable private income

o $50,000 will get assistance

that provides $524 per year more

than their expected average price

impact.

A low income single person

earning $30,000 will receive

$94 per year more than their

expected average price impact.

A couple, both earning $35,000,

with two children, will get

$247 per year more than theirexpected average price impact.

The Government will ensure that those Australians that need help the most,

particularly pensioners and lowand middleincome households, will get assistance or

the cost o living impact o the carbon price.

On average, households will see cost increases o $9.90 per week, while the average

assistance will be $10.10 per week.

By 201213 Australia is expected to have almost 9 million households.

Over 4 million households will be better o compared to

their average price impact

This means they will receive assistance that provides a bu er o at least 20 per cent

over and above their average price impact.

Almost 6 million households will be assisted to meet their

average price impact

This means they will receive assistance that covers at least the average price impact o

the carbon price on their cost o living.

Around 8 million households will get some assistance

This means they will receive some assistance through payment increases and/or

tax cuts.

Households that improve their energy eciency can help the environment and save

money. Because households that do use less energy will still get to keep all o their tax

cuts and payment increases, the carbon price will still provide them with a nancial

incentive to do their bit or the environment.

Millions of households

will be better off



Supporting Australian

households

Kate and Luciano have just bought

a house and are both working

hard to pay o the mortgage.

Kate has a job in an aged care

home and Luciano is a mechanic

at the local service station. They

earn around $50,000 each.

They have two teenage boys at

the local school.

Their expected average cost o

living impact is $653 per year.

They will get assistance o about

$679, made up o about $73 extra

in payments and $606 in tax cuts.

They are $26 better o ater the

changes.

How much will I get?

More than hal o the revenue raised rom polluters will go

to households to help meet price impacts and help them do

their bit or climate change

There are two ways that households will receive assistance:

increases in pensions, allowances and amily payments that they may receive and

income tax cuts on top o these increases.

The assistance will mean:

pensioners and selunded retirees will get up to $338 extra per year i they are

single and up to $510 per year or couples, combined

amilies receiving Family Tax Benet Part A will get up to an extra $110 per child

eligible amilies will get up to an extra $69 in Family Tax Benet Par t B

allowance recipients will get up to $218 extra per year or singles, $234 per year

or single parents and $390 per year or couples combined on top o this, taxpayers with annual income o under $80,000 will all get a tax

cut, with most receiving at least $300 per year.

On average, households will see cost increases of $9.90 per week, but receive

assistance of $10.10 per week.



Moving to an

emissions trading

scheme

For the rst three years, the

carbon price will be xed like

a tax.

From 1 July 2015, Australia will

move to an emissions trading

scheme which caps carbon

pollution.

The carbon price will be set by

the market and the Government

will ensure that assistance

remains adequate.

The Governments household assistance is permanent.

Extra payments will be permanent and will increase

Payment assistance will start rom MayJune 2012, to help households to get ready or

the carbon price.

Payment assistance will automatically rise in line with price changes in the economy to

keep pace with the cost o living. This includes any price impacts rom when Australia

moves to an emissions trading scheme, and beyond.

Tax cuts will be permanent and will increase

The Government will deliver a rst round o tax cuts when the carbon price starts in

201213. In 201516, there will be a second round o tax cuts.

Combined, the two rounds o new tax cuts will typically deliver a tax cut o at least

$385 to most taxpayers with incomes up to $80,000.

The Government will ensure the ongoing adequacy of household assistance.

Assistance will be

permanent and willincrease



Tax cuts or working

Australians

Damien is 25 and single and

working his way around Australia.

He earns around $670 a week

thats an annual income o

$35,000.

From 1 July 2012, the

Governments tax cuts will mean

that Damien will have an extra

$300 a year to cover his expected

average cost o living impact o

$250 per year.

The higher taxree threshold

means Damiens employer wont

have to take as much tax out o

his regular pay each ortnight

which means Damien will havemore in his pocket rom week

to week.

To nd out how you might benet,

go to the online estimator at

www.cleanenergyfuture.gov.au

The revenue rom the carbon price will pay or new tax cuts or millions o Australians.

These tax cuts will be permanent.

This builds on the three rounds o substantial tax cuts already delivered by the

Government.

A frst round o tax cuts in 2012

From 1 July 2012, all taxpayers with income up to $80,000 will get a tax cut, with

most receiving at least $300 per year.

This means around 60 per cent o taxpayers will get a tax cut o at least $300.

No one will pay more income tax.

Tax cuts grow, with a second round in 2015

Further tax cuts will be delivered in 2015 or all taxpayers with incomes up to $80,000,

with most receiving a tax cut o up to $385 in total.

These tax cuts will provide assistance to cover the projected impact o the carbon price

out to the end o the decade.

The Government will ensure the ongoing adequacy of household assistance.

Tax cuts for millions of

people



Tax cuts and

simplifcation

Eugenie is married to Steve

and has just returned to the

workorce ater many years at

home with the kids.

Eugenie has ound a parttime

job paying $340 a week, or

$17,680 per year.

In 2012 she will get a tax cut o

$177 per year.

This means better returns

rom working.

Just as importantly, a higher

taxree threshold means she gets

to keep all o her wages rom

week to week and may not haveto lodge a tax return.

In 2012, people will pay less income tax because the Government will more than triple

the taxree threshold, rom $6,000 to $18,200.

This means that regular wage earners with incomes below the new taxree threshold

will get to keep all o their wages in their regular pay packets, and need not go to the

eort o lodging annual tax returns.

Up to one million Australians will be reed rom having to lodge a tax return.

In 2015, urther tax cuts will increase the taxree threshold to $19,400.

This will ree up to a urther 100,000 Australians rom having to lodge a tax return.

While some statutory tax rates will be higher, the combined changes mean this

will better match the eec tive rate that a lot o taxpayers are actually paying at the

moment. All taxpayers under $80,000 will pay less tax, and those on higher incomes

will pay no more tax than they do now.

No one will pay more income tax.

Over a million taxpayers

out of the tax system



Assistance or age

pensioners

Leslie and Alex are both retired and

receive the ull age pension.

They oten look ater their

grandchildren, and help at the local

community centre, but dont receive

any extra income rom this work.

The introduction o the carbon price

is expected to increase their averagecost o living by $284 per year.

They will receive an increase in their

pension o $510 per year to help

them with these increased costs.

On average, Leslie and Alex will be

$226 per year better o ater the

introduction o carbon pricing.




Pension increases

Age pensioners will be eligible or household assistance that at least osets all o their

expected average price rises under a carbon price.

Age pensioners (including partrate pensioners) will receive assistance equal to a

1.7 per cent increase in the maximum rate o pension. This is an annual increase o upto $338 or singles, and $255 or each member o a couple.

Assistance to pensioners will be automatic and will start beore the carbon price star ts,

through an advance payment o $250 or singles, and $190 or each member o a

couple paid in MayJune 2012.

From March 2013, assistance will be delivered through extra ortnightly payments.

This assistance builds on the Governments pension reorms which have seen the age

pension increase by $128 per ortnight or single pensioners and $116 per ortnight or

pensioner couples on the maximum rate, since September 2009.

Veterans will receive assistance through service pensions and other payments such as

disability pensions and war widow/widower pensions.

Increased payments for pensioners

0

2

4

6

8

10

12

0

2

4

6

8

10

12

Single full rate pensioner Full rate pensioner couple

Dollars per

week

Dollars per

week

Average weekly cost of living impact Weekly assistance

Increased payments for

age pensioners



Supporting amilies

Annette and Pete have two little

boys, Jack and Harry. Pete works

ulltime as a call centre manager

and earns just under $60,000.

Annette looks ater the boys and

is a parttime childcare worker,

earning just over $25,000.

Their expected average cost o

living impact rom the carbon price

is $570 per year.

Annette and Pete will get about

$948 rom the household assistance

package, made up o $806 in tax

cuts and $142 in increased Family

Tax Benet payments.

Annette will get a tax cut worth

$503 per year, increasing the

rewards she gets or returningto work.

Overall, they are $378 per year

better o under the carbon price,

based on their expected average

price impact.




Millions o amilies will receive new tax cuts and increases in cash payments.

Around 90 per cent o households will receive assistance to help meet the impact o

the carbon price on their costs o living.

Payments will increase or every amily that receives

Family Tax Beneft

All amilies receiving Family Tax Benet Part A will get an increase o at least

1.7 per cent. This is worth up to $110 per child per year.

All amilies receiving Family Tax Benet Part B will get assistance equal to a

1.7 per cent increase in the maximum rate. This is worth up to $69 per amily per year.

Tax cuts will help working amilies

All taxpayers with annual income below $80,000 will get a tax cut, with most

receiving at least $300 per year. No one will pay more in personal income tax.

These tax cuts are on top o any increases in Family Tax Benet.

Single income amilies with a primary income earner income between $68,000 and

$150,000 will also receive a new supplement o up to $300, which recognises that

they get less tax assistance, compared with a dual income amily.

Assistance will be permanent, and will start beore the

carbon price

Extra assistance through Family Tax Benet will start beore the carbon price with a

lump sum payment in MayJune 2012, to cover the rst year o the scheme. There will

be an ongoing increase in ortnightly payments rom 1 July 2013.

Tax cuts and increased

payments for families



Assistance or

selunded retirees

Cynthia and Andrew retired a ew

years ago. Theyre spending time

with their two dogs and working in

their garden. They are worried about

climate change, and eel that it is

important to do their bit to help.

Cynthia receives around $50,000

and Andrew around $20,000 in

investment income. Their expectedaverage cost o living increase is

around $466 per year. They are

not eligible or a pension, but they

are Commonwealth Seniors Health

Card holders.

The tax cuts will mean that

Cynthia and Andrew have an extra

$303 per year. They will also getan extra $510 through the Seniors

Supplement.

In total, Cynthia and Andrew will

receive $813 in assistance, which

is $347 more than their expected

price impact.


go to the online estimator atwww.cleanenergyfuture.gov.au

Support or selunded retirees

Selunded retirees who hold a Commonwealth Seniors Health Card will receive the

same amount o assistance as age pensioners.

This will be worth $338 or singles and $255 or each eligible member o a couple.

Selunded retirees may also benet rom new tax cuts.

Combined with increases to the Senior Australians tax oset, a single person over

65 with taxable income o $35,000 will get tax cuts o $502 per year rom 1 July 2012.

They would also receive an additional benet thanks to an increase in the Medicare

levy lowincome threshold, providing an extra $160.

Support or aged care residents and providers

Arrangements will be introduced to ensure that assistance is shared airly between

aged care residents and providers.Aged care providers bear many costs or their residents, including electricity, and will

receive around hal o the assistance paid through the age pension. Age pensioners

living in aged care will receive the balance o the payment, to help them with increases

in their other costs o living.

Tax cuts and extra

payments forselffunded retirees



Assistance or people

with medical needs

George uses a kidney dialysis

machine or about 5 hours a day.

He hasnt been able to work or

a while, so his only income is the

Disability Support Pension (DSP).

George will receive $338 in

assistance through a higher

DSP payment.

In addition, because George has

a recognised medical condition

with high energy use requirements,

and is a concession card holder,

he can apply or an extra $140 o

assistance under the Essential

Medical Equipment Payment.

George pays his own electricity bill.

But i George has a carer who incurs

the expense or Georges electricity

bill, then his carer would be able to

apply or the payment instead.

More inormation on the

Essential Medical Equipment

Payment can be ound at

www.cleanenergyfuture.gov.au.

Carers and people with disability will receive assistance through their Carer Payment or

Disability Support Pension, or tax cuts, or both.

Disability Support Pension and Carer Payment increases

People who receive the Disability Support Pension or the Carer Payment will be eligible

or household assistance that at least osets the expected average price impact undera carbon price.

Pension payments will increase by an amount equal to 1.7 per cent o the maximum

rate. This will be an increase o up to $338 or singles, and $255 or each member o

a couple.

Assistance will be automatic and will start beore the carbon price with an advance

payment in MayJune 2012 which will provide assistance to cover the rst nine months

o the carbon price. Fortnightly payments will increase rom March 2013.

People with essential medical equipment needsPeople holding a Commonwealth concession card who have high home energy

costs because they rely on essential medical equipment will also be able to claim the

Essential Medical Equipment Payment o $140 through Centrelink. This is in addition to

their other assistance.

This extra payment is to ensure they do not incur extra costs or using their medical

equipment under a carbon price.

Supporting people with

disability and carers



Support or students

Katherine moved away rom homeabout two years ago to go to

university.

Shes hoping to complete her

engineering degree next year,

but at the moment she works

parttime in a restaurant, and

earns $18,000. Katherine will

benet rom the Governments

tax cuts.

Because she is receiving Youth

Allowance, she will also receive

increases in her payment to assist

her with the impact o the carbon

price on her cost o living.

Katherines tax cut will be around

$560 per year, and her YouthAllowance increase will be

around $177.

Students and jobseekers

To assist students with the expected impact o carbon pricing on their cost o living,

student allowances such as Youth Allowance, Austudy and Abstudy will increase by an

amount equal to 1.7 per cent o the maximum rate.

This is an increase o up to $177 or singles and more i they have dependentchildren.

Jobseekers will also be assisted with an amount equivalent to a 1.7 per cent increase in

the maximum rate o Newstart Allowance, worth up to $218 or singles and $195 or

each member o a couple.

Parenting payment single will also increase by an amount equivalent to 1.7 per cent o

the maximum rate, which is an increase o up to $289.

Assistance or students and jobseekers will start beore the carbon price, with a lump

sum payment in MayJune 2012.

Students in parttime work and jobseekers who nd a job will also receive tax cuts.

A person earning $25,000 per year will get a tax cut o $503 per year rom 1 July 2012.

Low Income Supplement

Some lowincome households might not receive enough assistance through tax cuts

or Government payments to oset their average expected cost impact under a carbon

price. These households will be able to claim the new $300 annual Low Income

Supplement to ensure they receive enough assistance as they adjust to changes in their

costs o living ater the carbon price is introduced.

Public housing tenants

Assistance is not intended to be included in state government public housing rent

setting calculations so that public housing residents get the ull benet o assistance.

Assistance for students

and lowincome earners



Supporting jobs

The Government has careullydesigned a number o

measures to support jobs and

competitiveness as we move to a

clean energy uture.

Jobs in industries like aluminium,

steel, cement and coal will be

supported.

These measures are designed toensure that Australia continues

to experience strong jobs growth

while at the same time providing

incentives to cut pollution in

our economy.

Moving to a clean energy

uture will provide new

economic opportunities orAustralian workers.

The carbon price will impose no

red tape on small businesses.

All small businesses will be

eligible or extra tax concessions.

The most important thing or households is a secure and

growing economy

The cost o cutting pollution and transorming our economy to cleaner energy sources is

very modest. Carbon pricing is expected to slow Australias average income growth by

around 0.1 o a percentage point per year.

Under a carbon price:

1.6 million jobs will be created by 2020

average incomes will grow by about 16 per cent by 2020, an increase o about

$9,000 in todays dollars

by 2050 we will be able to produce the things we make today, with hal the pollution.

Treasury modelling shows that we can have strong economic growth and jobs growth

while making substantial cuts to Australias pollution levels.

The carbon price will support Australias competitiveness in the decades to come, as webecome a clean energy economy.

Incomes per person with a carbon price Job creation with a carbon price

0

20

40

60

80

100

0

20

40

60

80

100

2010 2020 2030 2040 2050

$'000/person $'000/person

0

4

8

12

16

20

0

4

8

12

16

20

2010 2020 2030 2040 2050

million jobs million jobs

Strong jobs growth



A carbon price is designed to

change production processes

o large polluters, so theypollute less.

The carbon price also means that

there is a nancial incentive or

households to consider changes to

improve their energy eciency.

Household assistance does not

blunt these incentives.

People who make these changes

can still keep all o their household

assistance, and end up ahead.

There are many small changes that Australian households can make to help the

environment, and save money at the same time.

And households that make these savings will still get to keep all o their extra

payments and tax cuts.

For example, it is estimated that or a amily o our, in just one year: washing clothes in cold rather than hot water can save around $90

a solar hot water system (replacing an electric system) could save over $400

getting rid o the second ridge could save around $180

using a clothesline instead o an electric dryer once a week could save around $55

switching o appliances at the power point could save up to $100.

Go to www.cleanenergyfuture.gov.au or more ideas on how to reduce your energy

use and save money.

You can play your part

and save money too


19/4017Supporting Australian households: Helping households move to a clean energy future

Individuals

Single person 18

Single parent

One dependant, aged


20/4018 Find out what youre entitled to at www.cleanenergyuture.gov.au

IndividualsSingle person

Private income Taxableincome beforecarbon price

Disposableincome beforecarbon price

Increases inAustralianGovernment

payments

Gains fromtax reform

TotalAustralianGovernmentassistance

Average cost ofliving impact

of carbon price

Percentage ofimpact offset

Low income households

$0 $12,271 $12,771 $218 $0 $218 $117 120% +

$5,000 $15,577 $16,077 $218 $0 $218 $146 120% +

$10,000 $17,727 $18,227 $218 $0 $218 $165 120% +

$15,000 $19,727 $19,668 $218 $559 $777 $178 120% +

$20,000 $21,727 $21,194 $218 $626 $845 $191 120% +

$25,000 $24,500 $23,358 $0 $523 $523 $207 120% +

$30,000 $29,500 $27,533 $0 $323 $323 $229 120% +

Middle income households

$35,000 $34,500 $31,528 $0 $303 $303 $251 120% +

$40,000 $39,500 $35,128 $0 $303 $303 $270 100% +

$45,000 $44,500 $38,353 $0 $303 $303 $287 100% +

$50,000 $49,500 $41,578 $0 $303 $303 $304 50 99%

$55,000 $54,500 $44,803 $0 $303 $303 $323 50 99%

$60,000 $59,500 $48,028 $0 $303 $303 $346 50 99%

$65,000 $64,500 $51,253 $0 $303 $303 $369 50 99%

$70,000 $69,500 $54,558 $0 $266 $266 $392 50 99%

$75,000 $74,500 $57,983 $0 $140 $140 $417 1 49%

$80,000 $79,500 $61,408 $0 $16 $16 $441 1 49%

High income households

$85,000 $84,500 $64,518 $0 $3 $3 $463

$90,000 $89,500 $67,593 $0 $3 $3 $485

$95,000 $94,500 $70,668 $0 $3 $3 $507

$100,000 $99,500 $73,743 $0 $3 $3 $528

$110,000 $109,500 $79,893 $0 $3 $3 $572

$120,000 $119,500 $86,043 $0 $3 $3 $615

$130,000 $129,500 $92,193 $0 $3 $3 $658 $140,000 $139,500 $98,343 $0 $3 $3 $702

$150,000 $149,500 $104,493 $0 $3 $3 $745

$180,000 $179,500 $122,943 $0 $3 $3 $875

$200,000 $199,500 $133,683 $0 $3 $3 $951



Single parentOne dependant, aged



Single parentOne dependant, aged 1317




payments




of carbon price



$0 $13,316 $24,534 $395 $0 $395 $263 120% +

$5,000 $16,622 $27,840 $395 $0 $395 $290 120% +

$10,000 $18,772 $29,990 $395 $0 $395 $307 120% +

$15,000 $20,772 $31,315 $395 $663 $1,057 $314 120% +

$20,000 $22,772 $32,974 $395 $548 $942 $322 120% +

$25,000 $24,772 $34,674 $395 $468 $862 $330 120% +

$30,000 $29,500 $38,437 $161 $323 $484 $348 120% +

$35,000 $34,500 $42,507 $161 $303 $464 $367 120% +

$40,000 $39,500 $45,914 $161 $303 $464 $378 120% +

$45,000 $44,500 $48,814 $161 $303 $464 $388 100% +

$50,000 $49,500 $51,732 $161 $303 $464 $398 100% +

$55,000 $54,500 $53,957 $161 $303 $464 $406 100% +

$60,000 $59,500 $56,182 $161 $303 $464 $414 100% +


$65,000 $64,500 $58,407 $161 $303 $464 $424 100% +

$70,000 $69,500 $60,712 $198 $266 $464 $437 100% +

$75,000 $74,500 $64,094 $250 $140 $391 $458 50 99%

$80,000 $79,500 $67,519 $375 $16 $391 $478 50 99%

$85,000 $84,500 $70,629 $388 $3 $391 $496 50 99%

$90,000 $89,500 $73,704 $388 $3 $391 $515 50 99%

$95,000 $94,500 $76,779 $388 $3 $391 $533 50 99%

$100,000 $99,500 $79,065 $388 $3 $391 $547 50 99%

$110,000 $109,500 $82,878 $351 $3 $354 $572 50 99%

$120,000 $119,500 $89,028 $351 $3 $354 $613 50 99%

$130,000 $129,500 $95,178 $256 $3 $259 $654 1 49%

$140,000 $139,500 $101,328 $156 $3 $159 $695 1 49%$150,000 $149,500 $107,478 $56 $3 $59 $737 1 49%


$180,000 $179,500 $122,943 $0 $3 $3 $840

$200,000 $199,500 $133,683 $0 $3 $3 $912



Single parentTwo dependants, aged 812 and 1317




payments




of carbon price



$0 $13,316 $30,108 $482 $0 $482 $322 120% +

$5,000 $16,622 $33,414 $482 $0 $482 $350 120% +

$10,000 $18,772 $35,564 $482 $0 $482 $368 120% +

$15,000 $20,772 $36,889 $482 $663 $1,145 $378 120% +

$20,000 $22,772 $38,548 $482 $548 $1,030 $386 120% +

$25,000 $24,772 $40,248 $482 $468 $950 $394 120% +

$30,000 $29,500 $44,011 $248 $323 $571 $412 120% +

$35,000 $34,500 $48,081 $248 $303 $551 $432 120% +

$40,000 $39,500 $51,756 $248 $303 $551 $450 120% +

$45,000 $44,500 $54,597 $248 $303 $551 $460 100% +

$50,000 $49,500 $57,305 $248 $303 $551 $469 100% +

$55,000 $54,500 $59,530 $248 $303 $551 $476 100% +

$60,000 $59,500 $61,755 $248 $303 $551 $484 100% +


$65,000 $64,500 $63,980 $248 $303 $551 $491 100% +

$70,000 $69,500 $66,285 $286 $266 $551 $499 100% +

$75,000 $74,500 $68,710 $411 $140 $551 $507 100% +

$80,000 $79,500 $71,135 $536 $16 $551 $517 100% +

$85,000 $84,500 $73,245 $548 $3 $551 $529 100% +

$90,000 $89,500 $76,259 $424 $3 $427 $547 50 99%

$95,000 $94,500 $79,334 $424 $3 $427 $566 50 99%

$100,000 $99,500 $82,409 $424 $3 $427 $584 50 99%

$110,000 $109,500 $85,931 $424 $3 $427 $605 50 99%

$120,000 $119,500 $89,028 $351 $3 $354 $624 50 99%

$130,000 $129,500 $95,178 $256 $3 $259 $661 1 49%

$140,000 $139,500 $101,328 $156 $3 $159 $700 1 49%$150,000 $149,500 $107,478 $56 $3 $59 $741 1 49%


$180,000 $179,500 $122,943 $0 $3 $3 $843

$200,000 $199,500 $133,683 $0 $3 $3 $914



Single income coupleOne dependant, aged



Single income coupleTwo dependants, both aged



Single income coupleThree dependants, aged



Dual income (50:50) coupleNo dependants




payments




of carbon price



$0 $22,057 $23,057 $390 $0 $390 $212 120% +

$5,000 $26,169 $27,169 $390 $0 $390 $256 120% +

$10,000 $28,669 $29,669 $390 $0 $390 $283 120% +

$15,000 $30,969 $31,969 $390 $0 $390 $307 120% +

$20,000 $32,969 $33,969 $390 $0 $390 $329 100% +

$25,000 $34,969 $35,523 $390 $445 $835 $341 120% +

$30,000 $36,969 $37,223 $390 $745 $1,135 $353 120% +

$35,000 $38,969 $38,923 $390 $1,045 $1,435 $366 120% +

$40,000 $40,969 $40,524 $390 $1,365 $1,755 $377 120% +

$45,000 $44,000 $42,797 $0 $1,357 $1,357 $394 120% +


$50,000 $49,000 $46,715 $0 $1,046 $1,046 $422 120% +

$55,000 $54,000 $50,890 $0 $846 $846 $442 120% +

$60,000 $59,000 $55,065 $0 $646 $646 $455 120% +

$65,000 $64,000 $59,080 $0 $606 $606 $467 120% +

$70,000 $69,000 $63,055 $0 $606 $606 $480 120% +

$75,000 $74,000 $67,030 $0 $606 $606 $494 120% +

$80,000 $79,000 $70,255 $0 $606 $606 $512 100% +

$85,000 $84,000 $73,480 $0 $606 $606 $529 100% +

$90,000 $89,000 $76,705 $0 $606 $606 $547 100% +

$95,000 $94,000 $79,930 $0 $606 $606 $565 100% +

$100,000 $99,000 $83,155 $0 $606 $606 $582 100% +

$110,000 $109,000 $89,605 $0 $606 $606 $618 50 99%

$120,000 $119,000 $96,055 $0 $606 $606 $658 50 99%


$130,000 $129,000 $102,505 $0 $606 $606 $700 50 99%$140,000 $139,000 $109,115 $0 $531 $531 $744 50 99%

$150,000 $149,000 $115,965 $0 $281 $281 $788 1 49%

$180,000 $179,000 $135,185 $0 $6 $6 $913

$200,000 $199,000 $147,485 $0 $6 $6 $994



Dual income (50:50) coupleOne dependant, aged



Dual income (50:50) coupleOne dependant, aged 1317




payments




of carbon price



$0 $22,057 $32,320 $512 $0 $512 $297 120% +

$5,000 $26,169 $36,021 $512 $0 $512 $319 120% +

$10,000 $28,669 $38,271 $512 $0 $512 $333 120% +

$15,000 $30,969 $40,341 $512 $0 $512 $345 120% +

$20,000 $32,969 $42,141 $512 $0 $512 $355 120% +

$25,000 $34,969 $43,496 $512 $445 $957 $363 120% +

$30,000 $36,969 $44,996 $512 $745 $1,257 $372 120% +

$35,000 $38,969 $46,496 $512 $1,045 $1,557 $380 120% +

$40,000 $40,969 $48,100 $500 $1,293 $1,793 $389 120% +

$45,000 $44,000 $50,273 $110 $1,357 $1,467 $402 120% +

$50,000 $49,000 $53,983 $110 $1,046 $1,156 $423 120% +

$55,000 $54,000 $57,158 $110 $846 $956 $441 120% +

$60,000 $59,000 $60,333 $110 $646 $755 $460 120% +


$65,000 $64,000 $63,348 $110 $606 $716 $479 120% +

$70,000 $69,000 $66,323 $110 $606 $716 $497 120% +

$75,000 $74,000 $70,155 $36 $606 $643 $521 120% +

$80,000 $79,000 $73,380 $36 $606 $642 $541 100% +

$85,000 $84,000 $76,605 $36 $606 $643 $561 100% +

$90,000 $89,000 $79,830 $36 $606 $642 $581 100% +

$95,000 $94,000 $83,055 $36 $606 $643 $601 100% +

$100,000 $99,000 $85,642 $37 $606 $643 $617 100% +

$110,000 $109,000 $89,605 $0 $606 $606 $641 50 99%

$120,000 $119,000 $96,055 $0 $606 $606 $681 50 99%

$130,000 $129,000 $102,505 $0 $606 $606 $720 50 99%

$140,000 $139,000 $109,115 $0 $531 $531 $761 50 99%$150,000 $149,000 $115,965 $0 $281 $281 $809 1 49%


$180,000 $179,000 $135,185 $0 $6 $6 $944

$200,000 $199,000 $147,485 $0 $6 $6 $1,031



Dual income (70:30) coupleOne dependant, aged



Dual income (70:30) coupleOne dependant, aged 1317




payments




of carbon price



$0 $22,057 $32,320 $512 $0 $512 $297 120% +

$5,000 $26,113 $36,076 $512 $0 $512 $320 120% +

$10,000 $28,619 $38,421 $512 $0 $512 $334 120% +

$15,000 $30,769 $40,421 $512 $0 $512 $345 120% +

$20,000 $32,919 $42,108 $512 $313 $824 $355 120% +

$25,000 $34,969 $43,818 $512 $523 $1,034 $365 120% +

$30,000 $36,969 $45,488 $512 $631 $1,142 $374 120% +

$35,000 $38,979 $47,253 $466 $534 $1,000 $385 120% +

$40,000 $40,979 $48,814 $466 $371 $837 $393 120% +

$45,000 $44,000 $51,114 $161 $303 $464 $407 100% +

$50,000 $49,000 $54,889 $161 $303 $464 $428 100% +

$55,000 $54,000 $57,721 $161 $303 $464 $444 100% +

$60,000 $59,000 $59,954 $161 $528 $689 $458 120% +


$65,000 $64,000 $62,186 $161 $753 $914 $472 120% +

$70,000 $69,000 $64,474 $110 $1,029 $1,139 $486 120% +

$75,000 $74,000 $67,714 $36 $982 $1,018 $506 120% +

$80,000 $79,000 $71,096 $36 $922 $958 $527 120% +

$85,000 $84,000 $74,605 $36 $806 $842 $548 120% +

$90,000 $89,000 $78,115 $36 $746 $782 $570 120% +

$95,000 $94,000 $81,625 $36 $686 $722 $592 120% +

$100,000 $99,000 $84,577 $37 $588 $625 $610 100% +

$110,000 $109,000 $89,290 $0 $393 $393 $639 50 99%

$120,000 $119,000 $96,225 $0 $306 $306 $681 1 49%

$130,000 $129,000 $102,690 $0 $306 $306 $721 1 49%

$140,000 $139,000 $108,930 $0 $306 $306 $759 1 49%$150,000 $149,000 $115,170 $0 $306 $306 $803 1 49%


$180,000 $179,000 $133,890 $0 $306 $306 $935 1 49%

$200,000 $199,000 $146,370 $0 $306 $306 $1,023 1 49%



Dual income (70:30) coupleTwo dependants, aged



Dual income (70:30) coupleTwo dependants, both aged 512




payments




of carbon price



$0 $22,057 $35,992 $577 $0 $577 $331 120% +

$5,000 $26,113 $39,748 $577 $0 $577 $355 120% +

$10,000 $28,619 $42,093 $577 $0 $577 $370 120% +

$15,000 $30,769 $44,093 $577 $0 $577 $382 120% +

$20,000 $32,919 $45,780 $577 $313 $890 $393 120% +

$25,000 $34,969 $47,490 $577 $523 $1,100 $404 120% +

$30,000 $36,969 $49,160 $577 $631 $1,208 $414 120% +

$35,000 $38,979 $50,924 $532 $543 $1,075 $424 120% +

$40,000 $40,979 $52,699 $532 $403 $935 $434 120% +

$45,000 $44,000 $55,038 $226 $303 $529 $448 100% +

$50,000 $49,000 $58,560 $226 $303 $529 $468 100% +

$55,000 $54,000 $61,393 $226 $303 $529 $484 100% +

$60,000 $59,000 $63,625 $226 $528 $754 $497 120% +


$65,000 $64,000 $65,858 $226 $753 $979 $510 120% +

$70,000 $69,000 $68,146 $175 $1,029 $1,205 $523 120% +

$75,000 $74,000 $70,528 $175 $982 $1,157 $538 120% +

$80,000 $79,000 $73,082 $73 $922 $995 $553 120% +

$85,000 $84,000 $76,590 $73 $806 $879 $575 120% +

$90,000 $89,000 $80,100 $73 $746 $819 $597 120% +

$95,000 $94,000 $83,610 $73 $686 $759 $618 120% +

$100,000 $99,000 $87,200 $73 $588 $661 $640 100% +

$110,000 $109,000 $91,922 $73 $393 $466 $669 50 99%

$120,000 $119,000 $96,225 $0 $306 $306 $696 1 49%

$130,000 $129,000 $102,690 $0 $306 $306 $735 1 49%

$140,000 $139,000 $108,930 $0 $306 $306 $774 1 49%$150,000 $149,000 $115,170 $0 $306 $306 $812 1 49%


$180,000 $179,000 $133,890 $0 $306 $306 $934 1 49%

$200,000 $199,000 $146,370 $0 $306 $306 $1,022 1 49%



Dual income (70:30) coupleTwo dependants, aged 512 and 1317




payments




of carbon price



$0 $22,057 $37,894 $599 $0 $599 $349 120% +

$5,000 $26,113 $41,650 $599 $0 $599 $370 120% +

$10,000 $28,619 $43,995 $599 $0 $599 $384 120% +

$15,000 $30,769 $45,995 $599 $0 $599 $395 120% +

$20,000 $32,919 $47,682 $599 $313 $912 $405 120% +

$25,000 $34,969 $49,392 $599 $523 $1,122 $415 120% +

$30,000 $36,969 $51,062 $599 $631 $1,230 $425 120% +

$35,000 $38,979 $52,826 $554 $543 $1,097 $435 120% +

$40,000 $40,979 $54,601 $554 $403 $957 $445 120% +

$45,000 $44,000 $56,940 $248 $303 $551 $458 120% +

$50,000 $49,000 $60,463 $248 $303 $551 $478 100% +

$55,000 $54,000 $63,295 $248 $303 $551 $495 100% +

$60,000 $59,000 $65,528 $248 $528 $776 $507 120% +


$65,000 $64,000 $67,760 $248 $753 $1,001 $520 120% +

$70,000 $69,000 $70,048 $197 $1,029 $1,227 $534 120% +

$75,000 $74,000 $72,431 $197 $982 $1,179 $549 120% +

$80,000 $79,000 $74,813 $197 $922 $1,119 $564 120% +

$85,000 $84,000 $77,322 $197 $806 $1,003 $579 120% +

$90,000 $89,000 $80,671 $73 $746 $819 $600 120% +

$95,000 $94,000 $84,181 $73 $686 $759 $621 120% +

$100,000 $99,000 $87,771 $73 $588 $661 $643 100% +

$110,000 $109,000 $92,493 $73 $393 $466 $672 50 99%

$120,000 $119,000 $96,225 $0 $306 $306 $695 1 49%

$130,000 $129,000 $102,690 $0 $306 $306 $735 1 49%

$140,000 $139,000 $108,930 $0 $306 $306 $774 1 49%$150,000 $149,000 $115,170 $0 $306 $306 $812 1 49%


$180,000 $179,000 $133,890 $0 $306 $306 $934 1 49%

$200,000 $199,000 $146,370 $0 $306 $306 $1,022 1 49%



SeniorsIndividual




payments




of carbon price



$0 $18,290 $19,812 $338 $0 $338 $204 120% +

$5,000 $22,792 $24,314 $338 $0 $338 $239 120% +

$10,000 $25,292 $26,814 $338 $0 $338 $251 120% +

$15,000 $27,792 $29,314 $338 $0 $338 $263 120% +


$20,000 $30,292 $31,814 $338 $0 $338 $275 120% +

$25,000 $32,792 $33,439 $338 $662 $1,000 $281 120% +

$30,000 $35,292 $34,902 $338 $662 $1,000 $287 120% +

$35,000 $37,792 $36,389 $338 $518 $856 $293 120% +

$40,000 $40,292 $37,689 $338 $502 $840 $298 120% +

$45,000 $44,500 $39,701 $338 $502 $840 $305 120% +

$50,000 $49,500 $42,423 $338 $380 $718 $316 120% +

$55,000 $54,500 $44,803 $0 $303 $303 $326 50 99%

$60,000 $59,500 $48,028 $0 $303 $303 $345 50 99%

$65,000 $64,500 $51,253 $0 $303 $303 $364 50 99%

$70,000 $69,500 $54,558 $0 $266 $266 $384 50 99%

$75,000 $74,500 $57,983 $0 $140 $140 $404 1 49%

$80,000 $79,500 $61,408 $0 $16 $16 $426 1 49%


$85,000 $84,500 $64,518 $0 $3 $3 $447

$90,000 $89,500 $67,593 $0 $3 $3 $467

$95,000 $94,500 $70,668 $0 $3 $3 $488

$100,000 $99,500 $73,743 $0 $3 $3 $509

$110,000 $109,500 $79,893 $0 $3 $3 $550

$120,000 $119,500 $86,043 $0 $3 $3 $591

$130,000 $129,500 $92,193 $0 $3 $3 $633 $140,000 $139,500 $98,343 $0 $3 $3 $674

$150,000 $149,500 $104,493 $0 $3 $3 $715

$180,000 $179,500 $122,943 $0 $3 $3 $839

$200,000 $199,500 $133,683 $0 $3 $3 $911



SeniorsDual income (50:50) couple




payments




of carbon price



$0 $27,413 $29,869 $510 $0 $510 $284 120% +

$5,000 $32,413 $34,869 $510 $0 $510 $309 120% +

$10,000 $35,949 $38,405 $510 $0 $510 $328 120% +

$15,000 $38,449 $40,905 $510 $0 $510 $342 120% +

$20,000 $40,949 $43,405 $510 $0 $510 $355 120% +

$25,000 $43,449 $45,905 $510 $0 $510 $368 120% +


$30,000 $45,949 $48,405 $510 $0 $510 $382 120% +

$35,000 $48,449 $50,905 $510 $0 $510 $396 120% +

$40,000 $50,949 $53,405 $510 $0 $510 $410 120% +

$45,000 $53,449 $55,880 $510 $24 $534 $424 120% +

$50,000 $55,949 $57,693 $510 $712 $1,222 $434 120% +

$55,000 $58,449 $59,505 $510 $1,241 $1,751 $445 120% +

$60,000 $60,949 $61,280 $510 $1,179 $1,689 $455 120% +

$65,000 $64,000 $62,925 $510 $1,442 $1,952 $464 120% +

$70,000 $69,000 $65,850 $510 $1,498 $2,008 $480 120% +

$75,000 $74,000 $68,928 $510 $1,345 $1,855 $499 120% +

$80,000 $79,000 $71,529 $510 $1,178 $1,688 $514 120% +

$85,000 $84,000 $73,480 $0 $606 $606 $526 100% +

$90,000 $89,000 $76,705 $0 $606 $606 $545 100% +

$95,000 $94,000 $79,930 $0 $606 $606 $564 100% +

$100,000 $99,000 $83,155 $0 $606 $606 $583 100% +

$110,000 $109,000 $89,605 $0 $606 $606 $622 50 99%

$120,000 $119,000 $96,055 $0 $606 $606 $664 50 99%


$130,000 $129,000 $102,505 $0 $606 $606 $707 50 99%$140,000 $139,000 $109,115 $0 $531 $531 $751 50 99%

$150,000 $149,000 $115,965 $0 $281 $281 $797 1 49%

$180,000 $179,000 $135,185 $0 $6 $6 $925

$200,000 $199,000 $147,485 $0 $6 $6 $1,007



SeniorsDual income (70:30) couple




payments




of carbon price



$0 $27,413 $29,869 $510 $0 $510 $284 120% +

$5,000 $32,413 $34,869 $510 $0 $510 $309 120% +

$10,000 $35,949 $38,405 $510 $0 $510 $328 120% +

$15,000 $38,449 $40,905 $510 $0 $510 $341 120% +

$20,000 $40,949 $43,405 $510 $0 $510 $355 120% +

$25,000 $43,449 $45,893 $510 $12 $522 $368 120% +


$30,000 $45,949 $47,774 $510 $631 $1,140 $378 120% +

$35,000 $48,449 $49,606 $510 $590 $1,099 $388 120% +

$40,000 $50,949 $51,238 $510 $749 $1,259 $398 120% +

$45,000 $53,449 $52,685 $510 $806 $1,316 $406 120% +

$50,000 $55,949 $54,264 $510 $590 $1,099 $415 120% +

$55,000 $58,449 $55,775 $510 $499 $1,008 $423 120% +

$60,000 $60,949 $57,476 $510 $303 $813 $433 120% +

$65,000 $64,000 $59,449 $510 $303 $813 $444 120% +

$70,000 $69,000 $63,207 $510 $303 $813 $466 120% +

$75,000 $74,000 $66,964 $510 $303 $813 $487 120% +

$80,000 $79,000 $69,245 $510 $1,779 $2,289 $501 120% +

$85,000 $84,000 $71,480 $0 $806 $806 $514 120% +

$90,000 $89,000 $74,990 $0 $746 $746 $535 120% +

$95,000 $94,000 $78,500 $0 $686 $686 $556 120% +

$100,000 $99,000 $82,090 $0 $588 $588 $577 100% +

$110,000 $109,000 $89,290 $0 $393 $393 $620 50 99%

$120,000 $119,000 $96,225 $0 $306 $306 $665 1 49%


$130,000 $129,000 $102,690 $0 $306 $306 $708 1 49%$140,000 $139,000 $108,930 $0 $306 $306 $750 1 49%

$150,000 $149,000 $115,170 $0 $306 $306 $791 1 49%

$180,000 $179,000 $133,890 $0 $306 $306 $916 1 49%

$200,000 $199,000 $146,370 $0 $306 $306 $999 1 49%


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Supporting Australian Households Fact Sheet

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Transcript of Supporting Australian Households Fact Sheet