▲ 67 ▼ Stage-three tax cuts: cabinet approves new cost-of-living relief for workers on less than $150,000 (www.theguardian.com) submitted 2 years ago by gumnut@aussie.zone to c/australia@aussie.zone 16 comments fedilink hide all child comments
[–] Marsupial@quokk.au 6 points 2 years ago (1 child) Rent is way more than half my income. If I had an extra $100,000 a year I’d be set for life. permalink fedilink source parent hideshow 2 child comments replies: [–] naevaTheRat@lemmy.dbzer0.com 4 points 2 years ago that's gross remember. It's defs good money but it's 110k ish annually. If you're on 50k gross you're getting 44ish annually? so it's 2.5 times your income. Although a lot of people earning that much assuming they're not sole income for a family can probs afford tax minimising shenanigans though. Idk I earned 120 gross at one point supporting 2 people (myself and sick partner) and it was defs not have to worry about much money but not save for a house with 600 a week coming out for a shitbox with an outside dunny and a 40 minute commute by PT. Single person or DINK and you're laughing though. permalink fedilink source parent
[–] naevaTheRat@lemmy.dbzer0.com 4 points 2 years ago that's gross remember. It's defs good money but it's 110k ish annually. If you're on 50k gross you're getting 44ish annually? so it's 2.5 times your income. Although a lot of people earning that much assuming they're not sole income for a family can probs afford tax minimising shenanigans though. Idk I earned 120 gross at one point supporting 2 people (myself and sick partner) and it was defs not have to worry about much money but not save for a house with 600 a week coming out for a shitbox with an outside dunny and a 40 minute commute by PT. Single person or DINK and you're laughing though. permalink fedilink source parent