Better off?
Better Off?
Your income tax, your Medicare, your share of the debt, and where the money goes instead. Named, priced and sourced.
Your estimated tax right now
Tax in each band
Give yourself a tax cut
Today, a gain held over twelve months gets the 50 per cent discount. From 1 July 2027 the discount goes, replaced by indexation and a 30 per cent minimum tax on the gain. Capital gains tax is only paid when you sell. Put in a sale and see the difference.
What your taxes are paying off
You put in about $0 in income tax and Medicare this year. Your share of the national debt is about $0. The interest alone on your share is about $0 a year, before a dollar of it is paid down.
Your share is gross Commonwealth debt from Budget Paper 1 divided by the adult population from the ABS, about $46,800. The interest is that share times the rate the government pays to borrow, about 2.9 per cent, which is roughly $27 billion of interest on about $940 billion of debt. Approximate, locked from source before launch.
It assumes behaviour stays the same, even though lower tax usually means more work, saving and investment.
Where it goes instead
Two ways the money disappears. Named, priced and sourced. Tap any line for the source.
So find the savings yourself. Move the levers. Reach surplus. It is not as hard as they say.
Every number is sourced and checkable. See how we worked it out
Plain English, sourced, and honest even where it cuts against us. Yes, there are tax cuts coming. We show them, then show what bracket creep quietly takes back. Numbers live in a version-controlled file the campaign team refreshes each budget. Get one wrong and a journalist ends us inside a week, so we under-claim rather than over-claim.
Your marginal income tax rate plus the Medicare levy, on 2025-26 resident thresholds. The levy is modelled with the low-income shade-in, not a flat 2 per cent on everyone, because the flat version over-taxes low earners.
Source: ATO resident rates 2025-26 (exact). Levy thresholds: latest published, updated to 2025-26 in the data file.
About 40 per cent of a new home is tax, charges and regulatory cost. It is government, not pure tax, and it lands harder than a flat dollar figure. We scale the share to your city, because every home is not the same. We keep about $200,000 only as a conservative direct-tax floor.
| City | Government share of a new house-and-land package |
|---|---|
| Sydney | about 50 per cent, around $576,000 (median package near $1.18m) |
| Melbourne | 43 per cent |
| Brisbane | 41 per cent (more than doubled since 2019) |
| Adelaide | 37 per cent |
| Perth | 36 per cent |
Source: Centre for International Economics and HIA, 2025. City dollar figures outside Sydney: derived, confirmed against the report before launch.
Gross debt divided across the adult population. Labelled as gross debt, not net.
Source: Budget Paper 1, 2026-27. Population: ABS. Debt total and population: locked from source before launch.
What you would keep if your tax thresholds had kept pace with inflation since May 2022, when the government took office. It hits everyone with a wage, it is the government's own machine, and it is bulletproof. We use the exact ABS All Groups CPI index ratio from the June 2022 quarter to the latest print, not an average of annual rates.
Source: ATO thresholds and ABS All Groups CPI. Cumulative factor (indicative ~18 per cent): locked to the decimal from the ABS series before launch.
The legislated mechanics, not a single constant. From 1 July 2027, for individuals and trusts, the 50 per cent discount is replaced by cost-base indexation with a 30 per cent minimum tax on the real gain. An asset held across that date splits: the slice accrued to 1 July 2027 keeps the discount, the slice after gets indexation and the 30 per cent floor. A new-build or affordable-housing election can keep the discount. The gap is the extra tax under the new regime against today's treatment.
Source: the legislation, in the project. Post-2027 inflation assumption for indexation: placeholder pending the data file. Exact apportionment follows the ATO formula.
Flying, Treading water, Going backwards or Held back, computed from your inputs: your marginal rate, the government share loaded into housing in your city, and whether you rent, save or own. Deterministic, never an invented suburb score and never an AI guess.
Two numbers from the first build are gone and stay gone. “Years added to your deposit” tied to the capital gains changes is wrong, because those changes are forecast to nudge prices down, not slow a saver. “Taxed on money you have not made yet” is the unrealised-gains super line, not this fight, which taxes real gains.
Shown as concrete, checkable facts: approvals, licences, time to start or build. Never a fabricated per-person dollar.