6537.0 - Government Benefits, Taxes and Household Income, Australia, 2015-16 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 20/06/2018   
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KEY FINDINGS

The results of the Fiscal Incidence Study outlined in this publication show the effects of government benefits and taxes on the distribution of income among private households in Australia. Overall, the study found that in 2015-16 households received, on average, $76 more per week in total benefits (cash and in-kind) than they paid in taxes (both on income and production, including the GST). This is similar to 2009-10 when the difference (in 2015-16 dollars) was, on average, $99 per week.

Between 2009-10 and 2015-16 the study found that equivalised household incomes, following adjustment for benefits and taxes, rose by 7% in real terms.


Table 1 – COMPONENTS OF FINAL INCOME(a), AUSTRALIA, 2003-04 to 2015-16



Change between 2009-10 and 2015-16
Components of final income ($ per week)
2003-04(b)
2009-10
2015-16
$
%

Household Income component
Private income (excluding net imputed rent)
1,389
1,724
1,871
147
8.5%
Net imputed rent
112
142
157
15
10.4%
Total Private Income
1,501
1,866
2,028
162
8.7%
Social assistance benefits in cash
185
203
215
12
6.1%
Gross income
1,686
2,069
2,243
174
8.4%
Taxes on income
293
297
382
85
28.5%
Disposable income
1,393
1,772
1,863
91
5.1%
Social transfers in kind
323
408
444
36
8.9%
Disposable income plus social transfers in kind
1,716
2,180
2,307
127
5.8%
Taxes on production(c)
199
214
200
-14
-6.7%
Final income
1,517
1,965
2,107
142
7.2%
Total benefits allocated
508
610
659
49
8.0%
Total taxes allocated
492
512
583
71
13.9%
Net benefits allocated
16
99
76
(d)-23
-23.1%
Equivalised household income components(e)
Private income (including net imputed rent)
900
1,104
1,214
110
10.0%
Gross income
1,008
1,220
1,332
112
9.2%
Disposable income
831
1,041
1,095
54
5.2%
Disposable income plus social transfers in kind
1,035
1,293
1,366
73
5.6%
Final income
916
1,167
1,249
82
7.0%

    (a) In 2015-16 dollars, adjusted using changes in the Consumer Price Index
    (b) Estimates presented for 2003-04 are not directly comparable with future estimates due to improvements made to income measurement applied in more recent collections. Estimates for 2003–04 have been recompiled to reflect the revised measure of income, however not all components were available.
    (c) Revisions to the Australian System of National Accounts are not reflected in Input-Output tables used for 2003-04 and 2009-10 estimates of taxes on production, which may affect comparisons over time. For more information, see paragraph 3 of the Explanatory Notes.
    (d) The difference between periods is not statistically significant.
    (e) Indicators are adjusted by equivalence factors to standardise them for variations in household size and composition, while taking into account the economies of scale that arise from the sharing of dwellings.