So the guys over at the Crawford School of Public Policy have been crunching the budget numbers and it's quite interesting to see how various family's will be affected (Click here). It definitely looks like the higher income earners aren't going to be affected all that much.
For more on the story have a look at their report in detail: Click here
Also have a look at this interactive graph of some of the data they collected:
I've also attached some more information from the ABS showing the number of households on various income brackets ($pw). Click the drop down on the top left hand side to see how various brackets have changed over time:
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