1, 5 & 10 year change in disposable income for single income couple, 3 young children. 5 year case looks extra wild because it's showing the loss of the COVID supplement.
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Austudy's design (?) gives some earners a choice about how much to earn to get a given disposable income. Eg, to get a disposable income of $50K they can earn either $36.7K or $67.5K.
Two different ways of showing this in chart form:
Might be better for a child support payer not to find a new partner, especially one that's unemployed and looking for work...
hadn't taken this one for a run for a couple of years:
Almost $7K range with EMTR >100%
Appears one needs to earn extra $32,500 just to get disp inc back to where it was when earning $47,500.
Magnificent stuff.
An update to my 1, 5 & 10 year series. This for a 3 child couple. Still looks nasty.
(It's Australia, btw)
A couple more. The last one, with child support, is bonkers.
An attempt to show how much of the minimum wage increase is kept by workers in a few household types...
Compared to the Windows version, Excel for Mac has just enough missing features to be annoying ☹️
My attempt to show the $ impact of tax-transfer related changes for a sole parent over the course of the current government.
Current '14th birthday present' arrangements for sole parents.
1, 5 & 10 years, this time for a couple with 3 young children.
Just to be clear, this is not the same family, it's the same type of family. Shows what's changed in the tax-transfer treatment of the family type.
1, 5 & 10 year tax-transfer impact for 'vanilla' singles
Today's CPI figure suggests the March increase in the lower single Jobseeker rate will be $1.55 a week.