Fresh modelling has found couples with children will be the biggest winners from tax changes included in this week's federal budget.
Australian couples with children earning mid-range or high incomes would be the biggest winners from tax changes in the latest federal budget, according to new modelling.
The findings come from the University of Canberra's National Centre for Social and Economic Modelling , released as Bill Shorten prepares to deliver his budget reply on Thursday night. Under NATSEM's analysis, a single person with a mid-range income would have an extra $405 in disposable income in 2019, $413 more in 2022 and $505 extra in 2024.
A man in that age group will have $245 in extra disposable income per year once the 2019 changes kick in, while a woman will have $213.By 2024, the electorates set to benefit most from the changes will be Wentworth, North Sydney, Warringah, Sydney and Grayndler - all in metropolitan Sydney.
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