Australian Financial Reference
Quick facts on the Australian tax, super, and property rules behind our calculators — what each rule is, who it applies to, current thresholds, and the official source.
Tax & Income
- Income TaxProgressive tax rates applied to salary and wage income, plus the Medicare levy.
- Medicare LevyA 2% levy on taxable income that funds Medicare, plus a surcharge for higher earners without private hospital cover.
- GST (Goods and Services Tax)A flat 10% tax on most goods and services, and the $75,000 turnover threshold that requires a business to register.
- Capital Gains Tax (CGT)Tax on the profit made when you sell an asset, with a 50% discount for individuals who held it over 12 months.
Superannuation
Home Buying
- Stamp DutyA one-off state government tax on property purchases, with rates and first-home-buyer concessions that vary significantly by state.
- First Home Buyer ConceptsThe main schemes available to first home buyers: stamp duty concessions, the First Home Super Saver Scheme, and the low-deposit guarantee.
Debt & Repayments
Saving
10 reference topics. Educational information only, not financial advice. Each topic links to its official source — always confirm current details before making a financial decision.