How does the budget affect us

2019

Research output: Book/ReportOther

Abstract

Given the wide range of tax changes and the energy payment, nearly 85% of families (income units) will be affected by at least one measure of the tax and transfer policy changes, and nearly 90% of the population. Overall, the new measures in the budget - Favour middle and mid-high income families before 2020-21 due to the income requirement of the LMITO. - Favour mid-high income earners from 2022-23 onwards due to the reduced tax rate at mid- and high- thresholds.
Original languageEnglish
Place of PublicationCanberra, Australia
PublisherUniversity of Canberra
Number of pages8
Publication statusPublished - 2019

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LI, J., LA, H. A., TANTON, R., & VIDYATTAMA, Y. (2019). How does the budget affect us: 2019. Canberra, Australia: University of Canberra.