8/6/2019 Supporting Australian Households Fact Sheet
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SupportingAustralianhouseholds
Helping HouseHolds move to a
clean energy future
8/6/2019 Supporting Australian Households Fact Sheet
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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
8/6/2019 Supporting Australian Households Fact Sheet
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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
Ownership of intellectual property rights in this publication
Unless otherwise noted, copyright (and any other intellectual propertyrights, i any) in this publication is owned by the Commonwealth oAustralia (reerred to below as the Commonwealth).
Creative Commons licence
With the exception o the Coat o Arms, the Clean Energy Future logoand all photos and graphics, this publication is licensed under a CreativeCommons Attribution 3.0 Australia Licence.
Creative Commons Attribution 3.0 Australia Licence is a standard ormlicence agreement that allows you to copy, distribute, transmit and adaptthis publication provided that you attribute the work. A summary o thelicence terms is available rom http://creativecommons.org/licenses/by/3.0/au/deed.en. The ull licence terms are available romhttp://creativecommons.org/licenses/by/3.0/au/legalcode.
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
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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
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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
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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
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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
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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.
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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
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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
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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
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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.
To nd out how you might benet,
go to the online estimator at
www.cleanenergyfuture.gov.au
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
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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.
To nd out how you might benet,
go to the online estimator at
www.cleanenergyfuture.gov.au
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
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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.
To nd out how you might benet,
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
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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
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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
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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
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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
8/6/2019 Supporting Australian Households Fact Sheet
19/4017Supporting Australian households: Helping households move to a clean energy future
Individuals
Single person 18
Single parent
One dependant, aged
8/6/2019 Supporting Australian Households Fact Sheet
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
8/6/2019 Supporting Australian Households Fact Sheet
21/4019Supporting Australian households: Helping households move to a clean energy future
Single parentOne dependant, aged
8/6/2019 Supporting Australian Households Fact Sheet
22/4020 Find out what youre entitled to at www.cleanenergyuture.gov.au
Single parentOne dependant, aged 1317
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 $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% +
Middle income households
$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%
High income households
$180,000 $179,500 $122,943 $0 $3 $3 $840
$200,000 $199,500 $133,683 $0 $3 $3 $912
8/6/2019 Supporting Australian Households Fact Sheet
23/4021Supporting Australian households: Helping households move to a clean energy future
Single parentTwo dependants, aged 812 and 1317
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 $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% +
Middle income households
$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%
High income households
$180,000 $179,500 $122,943 $0 $3 $3 $843
$200,000 $199,500 $133,683 $0 $3 $3 $914
8/6/2019 Supporting Australian Households Fact Sheet
24/4022 Find out what youre entitled to at www.cleanenergyuture.gov.au
Single income coupleOne dependant, aged
8/6/2019 Supporting Australian Households Fact Sheet
25/4023Supporting Australian households: Helping households move to a clean energy future
Single income coupleTwo dependants, both aged
8/6/2019 Supporting Australian Households Fact Sheet
26/4024 Find out what youre entitled to at www.cleanenergyuture.gov.au
Single income coupleThree dependants, aged
8/6/2019 Supporting Australian Households Fact Sheet
27/4025Supporting Australian households: Helping households move to a clean energy future
Dual income (50:50) coupleNo dependants
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 $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% +
Middle income households
$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%
High income households
$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
8/6/2019 Supporting Australian Households Fact Sheet
28/4026 Find out what youre entitled to at www.cleanenergyuture.gov.au
Dual income (50:50) coupleOne dependant, aged
8/6/2019 Supporting Australian Households Fact Sheet
29/4027Supporting Australian households: Helping households move to a clean energy future
Dual income (50:50) coupleOne dependant, aged 1317
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 $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% +
Middle income households
$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%
High income households
$180,000 $179,000 $135,185 $0 $6 $6 $944
$200,000 $199,000 $147,485 $0 $6 $6 $1,031
8/6/2019 Supporting Australian Households Fact Sheet
30/4028 Find out what youre entitled to at www.cleanenergyuture.gov.au
Dual income (70:30) coupleOne dependant, aged
8/6/2019 Supporting Australian Households Fact Sheet
31/4029Supporting Australian households: Helping households move to a clean energy future
Dual income (70:30) coupleOne dependant, aged 1317
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 $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% +
Middle income households
$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%
High income households
$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%
8/6/2019 Supporting Australian Households Fact Sheet
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Dual income (70:30) coupleTwo dependants, aged
8/6/2019 Supporting Australian Households Fact Sheet
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Dual income (70:30) coupleTwo dependants, both aged 512
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 $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% +
Middle income households
$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%
High income households
$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%
8/6/2019 Supporting Australian Households Fact Sheet
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Dual income (70:30) coupleTwo dependants, aged 512 and 1317
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 $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% +
Middle income households
$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%
High income households
$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%
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SeniorsIndividual
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 $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% +
Middle income households
$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%
High income households
$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
8/6/2019 Supporting Australian Households Fact Sheet
36/4034 Find out what youre entitled to at www.cleanenergyuture.gov.au
SeniorsDual income (50:50) couple
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 $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% +
Middle income households
$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%
High income households
$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
8/6/2019 Supporting Australian Households Fact Sheet
37/4035Supporting Australian households: Helping households move to a clean energy future
SeniorsDual income (70:30) couple
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 $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% +
Middle income households
$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%
High income households
$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%
8/6/2019 Supporting Australian Households Fact Sheet
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8/6/2019 Supporting Australian Households Fact Sheet
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8/6/2019 Supporting Australian Households Fact Sheet
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