Poorest families pay most in budget

22 May 2014

The poorest 20 per cent of Australian families will pay $1.1 billion more into government coffers than the richest households as a result of the budget, highlighting the huge inequity in the government's four-year blueprint for fiscal repair.

New analysis from the National Centre for Social and Economic Modelling (NATSEM) has crystallised how heavily the burden of budget consolidation has fallen on those less well-off, especially if they have school-age children.

Please follow this link to read the article by Tom Allard, National Affairs Editor in the Sydney Morning Herald: Poorest families pay most in budget