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Supporting

Australian
households
Helping households move to a
clean energy future

What the carbon price means for


Australian households
9 IN 10 HOUSEHOLDS will
receive some combination of tax
cuts and increased payments to
help them with the cost of living
impact of the carbon price.
Over 1 MILLION
Australians will no longer
need to lodge a taxreturn.
2 IN 3 HOUSEHOLDS will get
tax cuts or increased payments
that cover their expected average
priceimpact.
Over 4 million households
will get assistance that is at
least 20 per cent more than their
average price impact

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Contents
Australia needs to cut pollution

... and move to a clean energy future

What does it mean for me and my family?

Millions of households will be better off

How much will I get?

Assistance will be permanent and will increase

Tax cuts for millions of people

Over a million taxpayers out of the tax system

Increased payments for age pensioners 

10

Tax cuts and increased payments for families

11

Tax cuts and extra payments for selffundedretirees

12

Supporting people with disability and carers

13

Assistance for students and lowincome earners

14

Strong jobs growth

15

You can play your part and save money too

16

Detailed household outcomes

17

Commonwealth of Australia 2011


ISBN 978-0-642-74722-8
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Australia needs to cut


pollution
Our climate is changing

Australias carbon
pollution
Australia generates more
pollution per person than any
developed country, including
the UnitedStates. We produce
significantly more pollution
perperson than India and China.
Australias carbon pollution
ishigh because our electricity
is mainly generated by burning
coal. Transport, mining, industry,
farming and deforestation
alsocontribute.
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 a
year to 2020.
Reducing our carbon pollution
means we have to produce
and use energy in a cleaner,
smarterway.

The CSIRO, the Bureau of Meteorology, and Academies of Science from around the
world have all advised that the world is warming and high levels of 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


of life
Australia faces significant environmental and economic costs in a warmer, more
unstable climate. Climate scientists advise that extreme weather events, such as
droughts, heatwaves and bushfires, are likely to become more frequent and severe.
This threatens our homes, businesses and communities, and vital industries such
asagriculture.
Scientists agree that the worst effects of climate change can largely be avoided if we
reduce carbon pollution to an acceptable level.

The world is moving to a clean energy future


Countries around the world are already taking action on climate change. 89 countries
representing 80 per cent of global emissions and 90 per cent of 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
high-pollution energy generation. China is now the worlds largest manufacturer of
both solar panels and wind turbines.

Acting now is cheaper than acting later


Australia has an opportunity to move to a clean energy future and cut pollution before
the task becomes more difficult and costly.

Find out what youre entitled to at www.cleanenergyfuture.gov.au

... and move to a clean


energy future
The Australian Government is building a clean
energyfuture
The Government has a comprehensive plan to move to a clean energy future.
Thisincludes:
introducing a carbon price
promoting innovation and investment in renewable energy
encouraging energy efficiency
creating opportunities in the land sector to cut pollution.
The Governments plan to move to a clean energy future 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 23per cent in 2020
this is equivalent to taking over 45 million cars off 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 of dollars in renewable energy
large scale renewable electricity generation, excluding hydro, is projected to be
18times its current size by 2050. Total renewable generation (including hydro)
will comprise around 40percent of electricity generation in2050
transform our energy sector away from high polluting sources, like brown coal
the Government will negotiate to close down around 2000 megawatts of
highpolluting coal-fired power generation, creating space for new clean
energysupplies

A carbon price
Currently, releasing carbon
pollution is free despite the
fact 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 powerful incentive for all
businesses to cut their pollution,
by investing in clean technology
or finding more efficient ways
ofoperating.
It encourages businesses across
all industries to find the cheapest
and most effective way of
reducing carbon pollution.

store millions of tonnes of carbon in the land through better land and
wastemanagement
between now and 2050, around 460milliontonnes of carbon pollution will
be reduced or stored instead of entering our atmosphere under the Carbon
Farming Initiative.

Supporting Australian households: Helping households move to a clean energy future

What does it mean for me


and my family?
The impact on prices will be modest

Price impacts
of introducing a
carbonprice
The impact of the carbon price
will be modest compared to other
price increases.
The carbon price will increase
prices by 0.7percent over
201213, as measured by the
consumer price index (CPI).
This is much smaller than the:
2.5 per cent increase from the
GST and related tax changes
2.9 per cent average annual
inflation between 2001-02 and
2009-10.

The carbon pricing mechanism will apply to around 500 of Australias largest polluters.
They will need a permit for every tonne of carbon pollution they produce. The cost of
that permit is the carbon price.
Some businesses will pass on the carbon price, leading to modest rises in prices. In
2012-13, this is expected to increase the cost of living by 0.7percent. 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 food, will hardly be affected. On average food will go up by
less than $1 per week for households.
The carbon price will not directly apply to the price of fuel that households pay at the
petrol bowser.
Average weekly household expenditure will go up around $9.90, including
$3.30perweek on the average electricity bill and $1.50 per week on the average gas
bill. 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 of carbon.

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


Per cent

Per cent

3.0

3.0

2.5

2.5

2.0

2.0

1.5

1.5

1.0

1.0

0.5

0.5

0.0

0.0
Average annual CPI growth
2001-02 to 2009-10

CPI impact of the GST Expected CPI impact of the


and related tax changes
carbon price
(2000-01)
(2012-13)

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Millions of households
will be better off
The Government will ensure that those Australians that need help the most,
particularly pensioners and low-and middleincome households, will get assistance for
the cost of living impact of the carbon price.
On average, households will see cost increases of $9.90 per week, while the average
assistance will be $10.10 per week.
By 2012-13 Australia is expected to have almost 9 million households.

Over 4 million households will be better off compared to


their average price impact
This means they will receive assistance that provides a buffer of 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 of
the carbon price on their cost of living.

Around 8 million households will get some assistance


This means they will receive some assistance through payment increases and/or
taxcuts.
Households that improve their energy efficiency can help the environment and save
money. Because households that do use less energy will still get to keep all of their tax
cuts and payment increases, the carbon price will still provide them with a financial
incentive to do their bit for the environment.

Over 4 million
households get
assistance worth
120 per cent of their
expected average
priceimpact
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 self-funded retiree couple with
a single taxable private income
of $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 their
expected average price impact.

Supporting Australian households: Helping households move to a clean energy future

How much will I get?

Supporting Australian
households
Kate and Luciano have just bought
a house and are both working
hard to pay off 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 of
living impact is $653per year.

More than half of the revenue raised from polluters will go


to households to help meet price impacts and help them do
their bit for climate change
There are two ways that households will receive assistance:
increases in pensions, allowances and family payments that they may receive and
income tax cuts on top of these increases.
The assistance will mean:
pensioners and self-funded retirees will get up to $338 extra per year if they are
single and up to $510 per year for couples, combined
families receiving Family Tax Benefit Part A will get up to an extra $110 per child
eligible families will get up to an extra $69 in Family Tax Benefit Part B
allowance recipients will get up to $218 extra per year for singles, $234 per year
for single parents and $390 per year for couples combined
on top of this, taxpayers with annual income of 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.

They will get assistance of about


$679, made up of about $73 extra
in payments and $606 in tax cuts.
They are $26 better off after the
changes.

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Assistance will be
permanent and will
increase
The Governments household assistance is permanent.

Extra payments will be permanent and will increase


Payment assistance will start from May-June 2012, to help households to get ready for
the carbon price.
Payment assistance will automatically rise in line with price changes in the economy to
keep pace with the cost of living. This includes any price impacts from when Australia
moves to an emissions trading scheme, and beyond.

Tax cuts will be permanent and will increase


The Government will deliver a first round of tax cuts when the carbon price starts in
2012-13. In 2015-16, there will be a second round of tax cuts.
Combined, the two rounds of new tax cuts will typically deliver a tax cut of at least
$385 to most taxpayers with incomes up to $80,000.
The Government will ensure the ongoing adequacy of household assistance.

Moving to an
emissions trading
scheme
For the first three years, the
carbon price will be fixed like
atax.
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.

Supporting Australian households: Helping households move to a clean energy future

Tax cuts for millions of


people
The revenue from the carbon price will pay for new tax cuts for millions of Australians.
These tax cuts will be permanent.

Tax cuts for working


Australians
Damien is 25 and single and
working his way around Australia.
He earns around $670 a week
thats an annual income of
$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 of living impact of
$250peryear.

This builds on the three rounds of substantial tax cuts already delivered by the
Government.

A first round of 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 of taxpayers will get a tax cut of 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 for all taxpayers with incomes up to $80,000,
with most receiving a tax cut of up to $385 in total.
These tax cuts will provide assistance to cover the projected impact of the carbon price
out to the end of the decade.
The Government will ensure the ongoing adequacy of household assistance.

The higher tax-free threshold


means Damiens employer wont
have to take as much tax out of
his regular pay each fortnight
which means Damien will have
more in his pocket from week
toweek.
To find out how you might benefit,
go to the online estimator at
www.cleanenergyfuture.gov.au

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Over a million taxpayers


out of the tax system
In 2012, people will pay less income tax because the Government will more than triple
the taxfree threshold, from $6,000 to $18,200.
This means that regular wage earners with incomes below the new tax-free threshold
will get to keep all of their wages in their regular pay packets, and need not go to the
effort of lodging annual tax returns.

Tax cuts and


simplification

Up to one million Australians will be freed from having to lodge a tax return.

Eugenie is married to Steve


and has just returned to the
workforce after many years at
home with the kids.

In 2015, further tax cuts will increase the tax-free threshold to $19,400.
This will free up to a further 100,000 Australians from having to lodge a tax return.
While some statutory tax rates will be higher, the combined changes mean this
will better match the effective rate that a lot of 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.

Eugenie has found a part-time


job paying $340 a week, or
$17,680 per year.
In 2012 she will get a tax cut of
$177 per year.
This means better returns
fromworking.
Just as importantly, a higher
taxfree threshold means she gets
to keep all of her wages from
week to week and may not have
to lodge a tax return.

Supporting Australian households: Helping households move to a clean energy future

Increased payments for


age pensioners
Pension increases

Assistance for age


pensioners
Leslie and Alex are both retired and
receive the full age pension.
They often look after their
grandchildren, and help at the local
community centre, but dont receive
any extra income from thiswork.
The introduction of the carbon price
is expected to increase their average
cost of living by $284peryear.

Age pensioners will be eligible for household assistance that at least offsets all of their
expected average price rises under a carbon price.
Age pensioners (including part-rate pensioners) will receive assistance equal to a
1.7per cent increase in the maximum rate of pension. This is an annual increase of up
to $338 for singles, and $255 for each member of a couple.
Assistance to pensioners will be automatic and will start before the carbon price starts,
through an advance payment of $250 for singles, and $190 for each member of a
couple paid in May-June 2012.
From March 2013, assistance will be delivered through extra fortnightly payments.
This assistance builds on the Governments pension reforms which have seen the age
pension increase by $128 per fortnight for single pensioners and $116 per fortnight for
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.

They will receive an increase in their


pension of $510 per year to help
them with these increasedcosts.
On average, Leslie and Alex will be
$226 per year better off after the
introduction of carbon pricing.
To find out how you might benefit,
go to the online estimator at
www.cleanenergyfuture.gov.au

Increased payments for pensioners


12

Dollars per
week

Dollars per
week

10

10

0
Single full rate pensioner
Average weekly cost of living impact

10

12

Full rate pensioner couple


Weekly assistance

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Tax cuts and increased


payments for families
Millions of families will receive new tax cuts and increases in cash payments.
Around 90 per cent of households will receive assistance to help meet the impact of
the carbon price on their costs of living.

Payments will increase for every family that receives


Family Tax Benefit
All families receiving Family Tax Benefit Part A will get an increase of at least
1.7percent. This is worth up to $110 per child per year.
All families receiving Family Tax Benefit Part B will get assistance equal to a
1.7percent increase in the maximum rate. This is worth up to $69 per family per year.

Tax cuts will help working families


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 of any increases in Family Tax Benefit.
Single income families with a primary income earner income between $68,000 and
$150,000 will also receive a new supplement of up to $300, which recognises that
they get less tax assistance, compared with a dual income family.

Assistance will be permanent, and will start before the


carbon price
Extra assistance through Family Tax Benefit will start before the carbon price with a
lump sum payment in May-June 2012, to cover the first year of the scheme. There will
be an ongoing increase in fortnightly payments from 1 July 2013.

Supporting families
Annette and Pete have two little
boys, Jack and Harry. Pete works
full-time as a call centre manager
and earns just under $60,000.
Annette looks after the boys and
is a parttime childcare worker,
earning just over $25,000.
Their expected average cost of
living impact from the carbon price
is$570 per year.
Annette and Pete will get about
$948 from the household assistance
package, made up of $806 in tax
cuts and $142 in increased Family
Tax Benefit payments.
Annette will get a tax cut worth
$503per year, increasing the
rewards she gets for returning
towork.
Overall, they are $378 per year
better off under the carbon price,
based on their expected average
price impact.
To find out how you might benefit,
go to the online estimator at
www.cleanenergyfuture.gov.au

Supporting Australian households: Helping households move to a clean energy future

11

Tax cuts and extra


payments for
selffundedretirees
Support for self-funded retirees

Assistance for
selffunded retirees
Cynthia and Andrew retired a few
years ago. Theyre spending time
with their two dogs and working in
their garden. They are worried about
climate change, and feel that it is
important to do their bit to help.
Cynthia receives around $50,000
and Andrew around $20,000 in
investment income. Their expected
average cost of living increase is
around $466 per year. They are
not eligible for a pension, but they
are Commonwealth Seniors Health
Cardholders.

Self-funded retirees who hold a Commonwealth Seniors Health Card will receive the
same amount of assistance as age pensioners.
This will be worth $338 for singles and $255 for each eligible member of a couple.
Self-funded retirees may also benefit from new tax cuts.
Combined with increases to the Senior Australians tax offset, a single person over
65with taxable income of $35,000 will get tax cuts of $502 per year from 1 July 2012.
They would also receive an additional benefit thanks to an increase in the Medicare
levy low-income threshold, providing an extra $160.

Support for aged care residents and providers


Arrangements will be introduced to ensure that assistance is shared fairly between
aged care residents and providers.
Aged care providers bear many costs for their residents, including electricity, and will
receive around half of the assistance paid through the age pension. Age pensioners
living in aged care will receive the balance of the payment, to help them with increases
in their other costs of living.

The tax cuts will mean that


Cynthia and Andrew have an extra
$303per year. They will also get
an extra $510through the Seniors
Supplement.
In total, Cynthia and Andrew will
receive $813 in assistance, which
is $347 more than their expected
priceimpact.
To find out how you might benefit,
go to the online estimator at
www.cleanenergyfuture.gov.au

12

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Supporting people with


disability and carers
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
for household assistance that at least offsets the expected average price impact under
a carbon price.
Pension payments will increase by an amount equal to 1.7 per cent of the maximum
rate. This will be an increase of up to $338 for singles, and $255 for each member of
acouple.
Assistance will be automatic and will start before the carbon price with an advance
payment in MayJune 2012 which will provide assistance to cover the first nine months
of the carbon price. Fortnightly payments will increase from March2013.

People with essential medical equipment needs


People 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 of $140 through Centrelink. This is in addition to
their other assistance.
This extra payment is to ensure they do not incur extra costs for using their medical
equipment under a carbon price.

Assistance for people


with medical needs
George uses a kidney dialysis
machine for about 5 hours a day.
He hasnt been able to work for
a while, so his only income is the
Disability Support Pension (DSP).
George will receive $338 in
assistance through a higher
DSPpayment.
In addition, because George has
a recognised medical condition
with high energy use requirements,
and is a concession card holder,
he can apply for an extra $140of
assistance under the Essential
Medical Equipment Payment.
George pays his own electricity bill.
But if George has a carer who incurs
the expense for Georges electricity
bill, then his carer would be able to
apply for the payment instead.
More information on the
EssentialMedical Equipment
Payment can befound at
www.cleanenergyfuture.gov.au.

Supporting Australian households: Helping households move to a clean energy future

13

Assistance for students


and lowincome earners
Students and jobseekers

Support for students

To assist students with the expected impact of carbon pricing on their cost of living,
student allowances such as Youth Allowance, Austudy and Abstudy will increase by an
amount equal to 1.7per cent of the maximum rate.

Katherine moved away from home


about two years ago to go to
university.

This is an increase of up to $177 for singles and more if they have dependent
children.

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
benefit from the Governments
taxcuts.
Because she is receiving Youth
Allowance, she will also receive
increases in her payment to assist
her with the impact of the carbon
price on her cost of living.
Katherines tax cut will be around
$560 per year, and her Youth
Allowance increase will be
around$177.

14

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


the maximum rate of Newstart Allowance, worth up to $218 for singles and $195 for
each member of a couple.
Parenting payment single will also increase by an amount equivalent to 1.7percent of
the maximum rate, which is an increase of up to $289.
Assistance for students and jobseekers will start before the carbon price, with a lump
sum payment in May-June 2012.
Students in part-time work and jobseekers who find a job will also receive tax cuts.
Aperson earning $25,000 per year will get a tax cut of $503 per year from 1July 2012.

Low Income Supplement


Some low-income households might not receive enough assistance through tax cuts
or Government payments to offset 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 of living after 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 full benefit of assistance.

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Strong jobs growth


The most important thing for households is a secure and


growing economy
The cost of cutting pollution and transforming our economy to cleaner energy sources is
very modest. Carbon pricing is expected to slow Australias average income growth by
around 0.1 of a percentage point per year.
Under a carbon price:
1.6 million jobs will be created by 2020
average incomes will grow by about 16percent by 2020, an increase of about
$9,000 in todays dollars
by 2050 we will be able to produce the things we make today, with half 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 we
become a clean energy economy.

Incomes per person with a carbon price


$'000/person

$'000/person

Job creation with a carbon price


million jobs

million jobs

100

20

80

80

16

16

60

60

12

12

40

40

20

20

100

0
2010

2020

2030

2040

0
2050

0
2010

2020

2030

2040

20

0
2050

Supporting jobs
The Government has carefully
designed a number of
measures to support jobs and
competitiveness as we move to a
clean energy future.
Jobs in industries like aluminium,
steel, cement and coal will be
supported.
These measures are designed to
ensure that Australia continues
to experience strong jobs growth
while at the same time providing
incentives to cut pollution in
oureconomy.
Moving to a clean energy
future will provide new
economic opportunities for
Australianworkers.
The carbon price will impose no
red tape on smallbusinesses.
All small businesses will be
eligible for extra tax concessions.

Supporting Australian households: Helping households move to a clean energy future

15

You can play your part


and save money too
There are many small changes that Australian households can make to help the
environment, and save money at the same time.

A carbon price is designed to


change production processes
of large polluters, so they
polluteless.
The carbon price also means that
there is a financial incentive for
households to consider changes to
improve their energy efficiency.
Household assistance does not
blunt these incentives.

And households that make these savings will still get to keep all of their extra
payments and tax cuts.
For example, it is estimated that for a family of four, 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 of the second fridge could save around $180
using a clothesline instead of an electric dryer once a week could save around $55
switching off appliances at the power point could save up to $100.
Go to www.cleanenergyfuture.gov.au for more ideas on how to reduce your energy
use and save money.

People who make these changes


can still keep all of their household
assistance, and end up ahead.

16

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Detailed household outcomes


Individuals
Single person

18

Single parent
One dependant, aged <5

19

One dependant, aged 13-17

20

Two dependants, aged 8-12 and 13-17

21

Single income couple


One dependant, aged <5

22

Two dependants, both aged <5

23

Three dependants, aged <5 and two aged 5-12

24

Dual income couple


50:50 income split, no dependants

25

50:50 income split, one dependant aged <5

26

50:50 income split, one dependant aged 13-17

27

70:30 income split, one dependant aged <5

28

70:30 income split, one dependant aged 13-17

29

70:30 income split, two dependants aged <5 and 5-12

30

70:30 income split, two dependants both aged 5-12

31

70:30 income split, two dependants aged 5-12 and 13-17

32

Seniors
Individual

33

Dual income (50:50) couple 

34

Dual income (70:30) couple

35

Supporting Australian households: Helping households move to a clean energy future

17

Individuals
Single person

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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%

$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

High income households

18

$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

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Single parent
One dependant, aged <5

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

Low income households


$0

$16,512

$26,561

$446

$0

$446

$284

120% +

$5,000

$21,369

$31,418

$446

$0

$446

$316

120% +

$10,000

$24,369

$34,418

$446

$0

$446

$330

120% +

$15,000

$27,369

$37,418

$446

$0

$446

$343

120% +

$20,000

$30,369

$40,418

$446

$0

$446

$357

120% +

$25,000

$33,369

$42,638

$446

$437

$883

$366

120% +

$30,000

$36,369

$44,693

$446

$437

$883

$374

120% +

$35,000

$39,369

$46,138

$446

$692

$1,137

$379

120% +

$40,000

$42,369

$47,443

$446

$992

$1,437

$383

120% +

$45,000

$45,369

$48,922

$446

$1,118

$1,563

$389

120% +

$50,000

$49,500

$50,563

$157

$303

$460

$394

100% +

$55,000

$54,500

$52,788

$157

$303

$460

$402

100% +

$60,000

$59,500

$55,013

$157

$303

$460

$410

100% +

Middle income households


$65,000

$64,500

$57,527

$106

$303

$409

$419

50 - 99%

$70,000

$69,500

$60,832

$143

$266

$409

$439

50 - 99%

$75,000

$74,500

$64,257

$268

$140

$409

$459

50 - 99%

$80,000

$79,500

$67,682

$393

$16

$409

$479

50 - 99%

$85,000

$84,500

$70,792

$406

$3

$409

$498

50 - 99%

$90,000

$89,500

$73,867

$406

$3

$409

$516

50 - 99%

$95,000

$94,500

$76,942

$406

$3

$409

$534

50 - 99%

$100,000

$99,500

$79,228

$406

$3

$409

$548

50 - 99%

$110,000

$109,500

$84,021

$369

$3

$372

$580

50 - 99%

$120,000

$119,500

$90,171

$369

$3

$372

$621

50 - 99%

$130,000

$129,500

$96,321

$274

$3

$277

$662

1 - 49%

$140,000

$139,500

$102,471

$174

$3

$177

$703

1 - 49%

$150,000

$149,500

$108,621

$74

$3

$77

$744

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

Supporting Australian households: Helping households move to a clean energy future

19

Single parent
One dependant, aged 13-17

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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% +

$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%

Middle income households

$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

High income households

20

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Single parent
Two dependants, aged 8-12 and 13-17

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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%

$180,000

$179,500

$122,943

$0

$3

$3

$843

$200,000

$199,500

$133,683

$0

$3

$3

$914

High income households

Supporting Australian households: Helping households move to a clean energy future

21

Single income couple


One dependant, aged <5

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

Low income households


$0

$22,057

$31,151

$508

$0

$508

$287

120% +

$5,000

$25,363

$34,457

$508

$0

$508

$309

120% +

$10,000

$27,513

$36,607

$508

$0

$508

$323

120% +

$15,000

$29,513

$38,235

$508

$373

$881

$334

120% +

$20,000

$31,513

$39,935

$508

$647

$1,155

$346

120% +

$25,000

$33,523

$41,744

$463

$523

$986

$357

120% +

$30,000

$35,523

$43,594

$463

$323

$786

$369

120% +

$35,000

$37,523

$44,836

$539

$271

$810

$376

120% +

$40,000

$39,523

$45,266

$539

$271

$810

$379

120% +

$45,000

$44,500

$47,645

$157

$303

$460

$393

100% +

$50,000

$49,500

$50,563

$157

$303

$460

$410

100% +

$55,000

$54,500

$52,788

$157

$303

$460

$424

100% +

$60,000

$59,500

$55,013

$157

$303

$460

$437

100% +

Middle income households


$65,000

$64,500

$57,527

$106

$303

$409

$452

50 - 99%

$70,000

$69,500

$60,832

$143

$266

$409

$471

50 - 99%

$75,000

$74,500

$64,257

$268

$140

$409

$491

50 - 99%

$80,000

$79,500

$67,682

$393

$16

$409

$511

50 - 99%

$85,000

$84,500

$70,792

$406

$3

$409

$528

50 - 99%

$90,000

$89,500

$73,867

$406

$3

$409

$546

50 - 99%

$95,000

$94,500

$76,942

$406

$3

$409

$563

50 - 99%

$100,000

$99,500

$79,228

$406

$3

$409

$576

50 - 99%

$110,000

$109,500

$84,021

$369

$3

$372

$603

50 - 99%

$120,000

$119,500

$90,171

$369

$3

$372

$636

50 - 99%

$130,000

$129,500

$96,321

$274

$3

$277

$669

1 - 49%

$140,000

$139,500

$102,471

$174

$3

$177

$702

1 - 49%

$150,000

$149,500

$108,621

$74

$3

$77

$735

1 - 49%

High income households


$180,000

$179,500

$122,943

$0

$3

$3

$829

$200,000

$199,500

$133,683

$0

$3

$3

$900

22

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Single income couple


Two dependants, both aged <5

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

Low income households


$0

$22,057

$36,316

$596

$0

$596

$334

120% +

$5,000

$25,363

$39,622

$596

$0

$596

$356

120% +

$10,000

$27,513

$41,772

$596

$0

$596

$370

120% +

$15,000

$29,513

$43,400

$596

$373

$968

$381

120% +

$20,000

$31,513

$45,100

$596

$647

$1,242

$393

120% +

$25,000

$33,523

$46,909

$550

$523

$1,073

$405

120% +

$30,000

$35,523

$48,759

$550

$323

$873

$416

120% +

$35,000

$37,523

$50,026

$627

$303

$930

$424

120% +

$40,000

$39,523

$50,701

$627

$303

$930

$428

120% +

$45,000

$44,500

$53,020

$245

$303

$548

$442

120% +

$50,000

$49,500

$55,727

$245

$303

$548

$458

100% +

$55,000

$54,500

$57,952

$245

$303

$548

$472

100% +

$60,000

$59,500

$60,177

$245

$303

$548

$485

100% +

Middle income households


$65,000

$64,500

$62,402

$245

$303

$548

$499

100% +

$70,000

$69,500

$64,707

$282

$266

$548

$513

100% +

$75,000

$74,500

$67,132

$407

$140

$548

$527

100% +

$80,000

$79,500

$69,828

$430

$16

$445

$543

50 - 99%

$85,000

$84,500

$72,938

$442

$3

$445

$561

50 - 99%

$90,000

$89,500

$76,013

$442

$3

$445

$578

50 - 99%

$95,000

$94,500

$79,088

$442

$3

$445

$596

50 - 99%

$100,000

$99,500

$82,163

$442

$3

$445

$614

50 - 99%

$110,000

$109,500

$85,685

$442

$3

$445

$634

50 - 99%

$120,000

$119,500

$90,171

$369

$3

$372

$660

50 - 99%

$130,000

$129,500

$96,321

$274

$3

$277

$694

1 - 49%

$140,000

$139,500

$102,471

$174

$3

$177

$727

1 - 49%

$150,000

$149,500

$108,621

$74

$3

$77

$760

1 - 49%

High income households


$180,000

$179,500

$122,943

$0

$3

$3

$837

$200,000

$199,500

$133,683

$0

$3

$3

$902

Supporting Australian households: Helping households move to a clean energy future

23

Single income couple


Three dependants, aged <5 and two aged 5-12

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

Low income households


$0

$22,057

$42,606

$683

$0

$683

$392

120% +

$5,000

$25,363

$45,912

$683

$0

$683

$413

120% +

$10,000

$27,513

$48,062

$683

$0

$683

$427

120% +

$15,000

$29,513

$49,689

$683

$373

$1,056

$438

120% +

$20,000

$31,513

$51,389

$683

$647

$1,330

$448

120% +

$25,000

$33,523

$53,198

$638

$523

$1,161

$460

120% +

$30,000

$35,523

$55,048

$638

$323

$961

$472

120% +

$35,000

$37,523

$56,315

$714

$303

$1,017

$480

120% +

$40,000

$39,523

$56,990

$714

$303

$1,017

$484

120% +

$45,000

$44,500

$59,619

$332

$303

$635

$499

120% +

$50,000

$49,500

$62,111

$332

$303

$635

$514

120% +

$55,000

$54,500

$64,242

$332

$303

$635

$527

120% +

$60,000

$59,500

$66,467

$332

$303

$635

$540

100% +

Middle income households


$65,000

$64,500

$68,692

$332

$303

$635

$554

100% +

$70,000

$69,500

$70,997

$370

$266

$635

$567

100% +

$75,000

$74,500

$73,422

$495

$140

$635

$582

100% +

$80,000

$79,500

$75,847

$620

$16

$635

$596

100% +

$85,000

$84,500

$77,957

$632

$3

$635

$609

100% +

$90,000

$89,500

$80,032

$632

$3

$635

$621

100% +

$95,000

$94,500

$82,359

$479

$3

$482

$634

50 - 99%

$100,000

$99,500

$85,434

$479

$3

$482

$652

50 - 99%

$110,000

$109,500

$90,117

$479

$3

$482

$679

50 - 99%

$120,000

$119,500

$93,267

$479

$3

$482

$697

50 - 99%

$130,000

$129,500

$96,321

$274

$3

$277

$715

1 - 49%

$140,000

$139,500

$102,471

$174

$3

$177

$750

1 - 49%

$150,000

$149,500

$108,621

$74

$3

$77

$785

1 - 49%

High income households

24

$180,000

$179,500

$122,943

$0

$3

$3

$862

$200,000

$199,500

$133,683

$0

$3

$3

$920

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Dual income (50:50) couple


No dependants

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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%

$102,505

$0

$606

$606

$700

50 - 99%

High income households


$130,000

$129,000

$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

Supporting Australian households: Helping households move to a clean energy future

25

Dual income (50:50) couple


One dependant, aged <5

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

Low income households


$0

$22,057

$31,151

$508

$0

$508

$287

120% +

$5,000

$26,169

$34,852

$508

$0

$508

$310

120% +

$10,000

$28,669

$37,102

$508

$0

$508

$324

120% +

$15,000

$30,969

$39,172

$508

$0

$508

$337

120% +

$20,000

$32,969

$40,972

$508

$0

$508

$348

120% +

$25,000

$34,969

$42,327

$508

$445

$953

$356

120% +

$30,000

$36,969

$43,827

$508

$745

$1,253

$364

120% +

$35,000

$38,969

$45,327

$508

$1,045

$1,553

$373

120% +

$40,000

$40,969

$46,827

$508

$1,293

$1,801

$382

120% +

$45,000

$44,000

$48,698

$157

$1,357

$1,514

$393

120% +

$50,000

$49,000

$51,908

$157

$1,046

$1,203

$411

120% +

$55,000

$54,000

$54,847

$88

$846

$934

$428

120% +

$60,000

$59,000

$58,022

$88

$646

$734

$446

120% +

Middle income households


$65,000

$64,000

$61,226

$36

$606

$643

$466

120% +

$70,000

$69,000

$65,201

$36

$606

$643

$491

120% +

$75,000

$74,000

$69,176

$36

$606

$643

$515

120% +

$80,000

$79,000

$72,401

$36

$606

$642

$535

120% +

$85,000

$84,000

$75,626

$36

$606

$643

$555

100% +

$90,000

$89,000

$78,851

$36

$606

$642

$575

100% +

$95,000

$94,000

$82,076

$36

$606

$643

$594

100% +

$100,000

$99,000

$84,663

$37

$606

$643

$610

100% +

$110,000

$109,000

$89,605

$0

$606

$606

$641

50 - 99%

$120,000

$119,000

$96,055

$0

$606

$606

$680

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

26

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Dual income (50:50) couple


One dependant, aged 13-17

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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

Supporting Australian households: Helping households move to a clean energy future

27

Dual income (70:30) couple


One dependant, aged <5

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

Low income households


$0

$22,057

$31,151

$508

$0

$508

$287

120% +

$5,000

$26,113

$34,907

$508

$0

$508

$310

120% +

$10,000

$28,619

$37,252

$508

$0

$508

$325

120% +

$15,000

$30,769

$39,252

$508

$0

$508

$337

120% +

$20,000

$32,919

$40,940

$508

$313

$821

$348

120% +

$25,000

$34,969

$42,650

$508

$523

$1,031

$358

120% +

$30,000

$36,969

$44,320

$508

$631

$1,139

$368

120% +

$35,000

$38,979

$46,084

$463

$534

$996

$378

120% +

$40,000

$40,979

$47,645

$463

$371

$833

$387

120% +

$45,000

$44,000

$49,945

$157

$303

$460

$400

100% +

$50,000

$49,000

$53,720

$157

$303

$460

$422

100% +

$55,000

$54,000

$56,553

$157

$303

$460

$438

100% +

$60,000

$59,000

$58,785

$157

$528

$685

$451

120% +

Middle income households


$65,000

$64,000

$61,207

$106

$753

$859

$466

120% +

$70,000

$69,000

$64,388

$106

$1,029

$1,135

$485

120% +

$75,000

$74,000

$67,470

$106

$982

$1,087

$504

120% +

$80,000

$79,000

$70,553

$106

$922

$1,027

$523

120% +

$85,000

$84,000

$73,762

$106

$806

$912

$543

120% +

$90,000

$89,000

$77,136

$36

$746

$782

$564

120% +

$95,000

$94,000

$80,646

$36

$686

$722

$586

120% +

$100,000

$99,000

$83,598

$37

$588

$625

$604

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%

28

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Dual income (70:30) couple


One dependant, aged 13-17

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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%

Supporting Australian households: Helping households move to a clean energy future

29

Dual income (70:30) couple


Two dependants, aged <5 and 5-12

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

Low income households


$0

$22,057

$36,725

$596

$0

$596

$338

120% +

$5,000

$26,113

$40,481

$596

$0

$596

$361

120% +

$10,000

$28,619

$42,826

$596

$0

$596

$375

120% +

$15,000

$30,769

$44,826

$596

$0

$596

$388

120% +

$20,000

$32,919

$46,513

$596

$313

$908

$398

120% +

$25,000

$34,969

$48,223

$596

$523

$1,118

$409

120% +

$30,000

$36,969

$49,893

$596

$631

$1,226

$418

120% +

$35,000

$38,979

$51,657

$550

$543

$1,093

$428

120% +

$40,000

$40,979

$53,432

$550

$403

$953

$439

120% +

$45,000

$44,000

$55,771

$245

$303

$548

$452

120% +

$50,000

$49,000

$59,294

$245

$303

$548

$472

100% +

$55,000

$54,000

$62,126

$245

$303

$548

$488

100% +

$60,000

$59,000

$64,359

$245

$528

$773

$501

120% +

Middle income households


$65,000

$64,000

$66,591

$245

$753

$998

$514

120% +

$70,000

$69,000

$68,772

$245

$1,029

$1,274

$526

120% +

$75,000

$74,000

$70,855

$245

$982

$1,226

$539

120% +

$80,000

$79,000

$73,108

$142

$922

$1,064

$553

120% +

$85,000

$84,000

$76,317

$142

$806

$948

$573

120% +

$90,000

$89,000

$79,691

$73

$746

$819

$594

120% +

$95,000

$94,000

$83,201

$73

$686

$759

$615

120% +

$100,000

$99,000

$86,791

$73

$588

$661

$638

100% +

$110,000

$109,000

$91,513

$73

$393

$466

$667

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%

30

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Dual income (70:30) couple


Two dependants, both aged 5-12

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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%

Supporting Australian households: Helping households move to a clean energy future

31

Dual income (70:30) couple


Two dependants, aged 5-12 and 13-17

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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

32

$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%

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Seniors
Individual

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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%

$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

High income households

$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

Supporting Australian households: Helping households move to a clean energy future

33

Seniors
Dual income (50:50) couple

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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%

$102,505

$0

$606

$606

$707

50 - 99%

High income households


$130,000

$129,000

$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

34

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Seniors
Dual income (70:30) couple

Private income

Taxable
income before
carbonprice

Disposable
income before
carbon price

Increases in
Australian
Government
payments

Gains from
taxreform

Total
Australian
Government
assistance

Average cost of Percentage of


living impact
impact offset
of carbon price

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%

Supporting Australian households: Helping households move to a clean energy future

35

What the carbon price means for


Australian households
9 IN 10 HOUSEHOLDS will
receive some combination of tax
cuts and increased payments to
help them with the cost of living
impact of the carbon price.
Over 1 MILLION
Australians will no longer
need to lodge a taxreturn.
2 IN 3 HOUSEHOLDS will get
every cent back through tax cuts
or increased payments that cover
their entire average priceimpact.
Over 4 million households
will get assistance that is at
least 20 per cent more than their
average price impact

Find out what youre entitled to at www.cleanenergyfuture.gov.au

Supporting
Australian
households
Helping households move to a
clean energy future

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