Putting figures to the story

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.

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