This is the latest information I'e been able to dig up on income distribution in Australia.
IMHO welfare should be targeting the bottom 30% with a fairly fast tapering off by around 35%.
I'm not sure how much money a policy like this would save, but I dare say it would be enough to give a reasonable income tax cut to those losing a benefit.
I'm interested to see what others think.
As you can see the $150K battlers with 2 kids are already better off than more than 80% of Australian households.
I really wish this information was more widely available and reported on in the MSM. Maybe then those in the top income levels might start to reconsider their claims on needing welfare? Maybe not. Seems welfare is more a right than safety net these days.
Welfare is not about helping those who've over committed on a mortgage. If it's too much of a struggle then sell and rent. Don't expect handouts to make your life more comfortable, expect a helping hand when circumstance means you need some help in getting back on ya feet.