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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
(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.
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