This paper investigates how the tax-transfer system replaces lost income after job loss. It uses e61’s tax calculator to estimate the lost income replaced by benefit payments and lower taxes paid following job loss (the income replacement rate). The paper also explores what will happen to replacement rates if payment rates were changed.

Ahead of the upcoming Australian Government's Economic Reform Roundtable, this policy report highlights relevant research and potential policy directions aimed at achieving the Roundtable’s stated goals of improving resilience, productivity and fiscal sustainability. It provide policymakers with recommendations in four key areas.

The calculator is an interactive tool for calculating taxes paid, transfer (welfare) payments received, and the effective average and marginal tax rates for working-aged Australians (aged 22 to 54). This note provides some basic information on what the calculator is and how it can be used. Taxes and transfers influence workforce participation by creating varied...

Individual income taxes in Australia raise nearly half of federal government revenue. This note offers a new perspective on the efficiency and equity implications of the individual income tax system. The findings paint two starkly different pictures of horizontal and vertical equity in effective tax rates at high and low levels of income.

This report highlights how today’s young Australians differ from previous generations and explores what this means for their economic security, work opportunities, living arrangements, path to independence and overall wellbeing. For policymakers seeking to seeking to ensure that an intergenerational pattern of improvement continues, this report offers three implications.