YOUR NUMBERS — CHANGE ANYTHING
STEP 1 — ABOUT YOU
ABS full-time adult average, FY2025–26
No = Medicare Levy Surcharge applies above $101,001
STEP 2 — YOUR HOME (owners)
STEP 3 — YOUR CAR
STEP 4 — YOUR SPENDING (annual)
BEYOND THE ARTICLE — OPTIONAL
Fishing $40–50 each · passport $422 · the article's total excludes these
WHAT THE GOVERNMENT TAKES — PER YEAR
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your real rate
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taken per year
—
the rate you think you pay
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payslip understates you by
* Medicare Levy Surcharge applies without qualifying private hospital cover. Assumptions and sources match the article and the downloadable workbook.
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complete total incl. optional extras
WHERE EVERY DOLLAR GOES
THE SILENT TAX INSIDE YOUR RETIREMENT
Earnings tax = 15% of an assumed 7.5% fund return — every year, indefinitely. Across Australia's ~$3.5 trillion in super it collects an estimated $30–35 billion annually. Who voted for that?
Want the full working? Download the workbook — every formula, every source, nothing hidden.
Download the WASM Tax Workbook (Excel) ↓Then show someone else their number.