comparing aus house prices to other countries, page-24

  1. 3,091 Posts.
    Yes, I used the old rate, the new rate is

    $34,001 – $80,000

    $4,200 plus 30c for each $1 over $34,000

    from

    http://www.ato.gov.au/individuals/content.asp?doc=/content/12333.htm&pc=001/002/046/002/002&mnu=42570&mfp=001&st=tp&cy=1

    So on $60k gross, you have $12k tax and $48,000 net.

    Woohoo an extra 600 bucks this year to pay for the increase in the price of fuel from devaluing our currency by lowering rates.


 
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