David Plunkett (@dplunky) 's Twitter Profile
David Plunkett

@dplunky

Ex public servant with spreadsheet and unnatural interest in the tax-transfer system. Views affected by retinal scarring. Plays in a band & badly solo. DM open

ID: 475671431

linkhttp://ravebydave.blogspot.com calendar_today27-01-2012 09:38:16

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My attempt to show the $ impact of tax-transfer related changes for a sole parent over the course of the current government.

My attempt to show the $ impact of tax-transfer related changes for a sole parent over the course of the current government.
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Apologies for ugly chart. A quick'n dirty go at the new HECS repayment arrangements for a renting couple. Looks like a roughly $4K range where EMTR is 107%. Would be worsened by ad hoc rent assistance increases. Also, first go, I could be mistaken 😁

Apologies for ugly chart. A quick'n dirty go at the new HECS repayment arrangements for a renting couple. Looks like a roughly $4K range where EMTR is 107%. Would be worsened by ad hoc rent assistance increases.

Also, first go, I could be mistaken 😁
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EMTRs under new HELP/HECS debt repayment system, as passed by Parl today. First pic is at 30 June (old scheme), second is from 1 July (new). Third pic is net $ gain under new system.

EMTRs under new HELP/HECS debt repayment system, as passed by Parl today. First pic is at 30 June (old scheme), second is from 1 July (new). Third pic is net $ gain under new system.
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I 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.

I 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.
David Plunkett (@dplunky) 's Twitter Profile Photo

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

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
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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.

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.