A useful story in the Herald about a struggling family who are being helped by the charity Variety.
The story gives enough info that you can work out their full financial situation. It is:
- Salary from teaching $43,420
- Tax $6.620
- Net salary $36,802
- WFF $14,040
- Accom $6,916
- Net income $57,758
As the youngest child is four years old there is also eligibility for childcare subsidy of up to $200 a week.
Now raising two kids on $1,110 a week would be tight. But it is worth noting taxpayers are already helping out considerably boosting the net salary of $37,000 by a further $21,000.