Appendix A
Higher household incomes

The spending power of Australians has increased significantly since 1996-97. The increase in the wage level at which families become net taxpayers has been even more dramatic. For example, for a single income couple earning average full-time wages with two children, their real take-home income will have increased by 34.6 per cent and the point at which they become net taxpayers will be $50,813, a real increase of 41.5 per cent.

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Improvement in the real disposable incomes and the net tax thresholds for different household types since 1996-97

Table: Improvement in the real disposable incomes and the net tax thresholds for different household types since 1996-97

  1. AWOTE is average weekly ordinary time earnings for full-time employees.
  2. The net tax threshold is the private income at which taxes paid exceed cash benefits received.
  3. Families with children have two, one aged 3 the other 8 years.

34 2007‑08 Budget Overview