Economics and Business

Teach your students about earning an income, how to manage money and set financial goals. In addition, develop knowledge of basic business planning and what makes a business successful.

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Use this guide as you read Income distribution, inequality and poverty – Explainer. What does equitable income mean?…

The Australian Government supports Australians with the greatest needs through the welfare system. In Australia,…

Use this resource to complete the questions on the Poverty and the distribution of income in Australia – Data analysis…

To answer the following questions, refer to the Income distribution, inequality and poverty – Data sheet. Use the…

There are 3 main types of taxes in Australia: progressive, proportional and regressive. Progressive taxes: The higher…

Prepare a briefing advising Treasury of the costs and benefits of one welfare reform. You have been appointed as an…

Average rate of tax It is difficult to know if taxation is proportional, regressive or progressive without calculating…

In Australia, the government uses budgetary measures such as the tax-transfer system to reduce inequality in the…

Table 1: Changes to the personal income tax-free threshold 2012–20 2011–15 Tax rate…

How to explain supply-side policies with the example of welfare reform. The increase in Australia’s productive…

Use the data on the Redistribution of income – Data sheet to complete the following. Discuss the main forms of…

On 27 July 2015, the then Federal Treasurer Joe Hockey claimed in an interview on ABC RN Breakfast that: ’50% of all…