The definition of low income in Australia can vary depending on the context and the purpose for which it is being assessed. Different government agencies, programs, and organizations may have their own criteria and thresholds for determining low income.
One commonly used measure of low income in Australia is the relative income poverty line, which is set at 50% of the median household income. The median income is the income level at which half of the population earns more and half earns less. The Australian Bureau of Statistics (ABS) regularly publishes income data, including median incomes, which can be used as a reference for assessing low income.
Another widely recognized measure is the “poverty line” defined by the Melbourne Institute. This measure takes into account not only income but also the cost of living and basic needs. The poverty line is periodically updated to reflect changes in living costs and standards.
Additionally, specific government programs and services may have their own income thresholds to determine eligibility. For example, when assessing eligibility for certain welfare benefits, concessional cards, or affordable housing programs, the Department of Human Services or relevant government agencies may use specific income tests and thresholds.
It’s important to note that income thresholds and definitions of low income can change over time, and they can vary depending on the purpose or program being considered. To obtain the most accurate and up-to-date information on income thresholds for specific programs or services, it is recommended to consult the relevant government agencies or refer to their official websites.