| December 15, 2018 |
March 15, 2019 |
Dole units or % change |
|
|---|---|---|---|
| Dole | $14,305 | ||
| Tax-Free Threshold | $21,595 | 1.5 | |
| Single Pension | $23,457 | 1.6 | |
| AFSA Single Modest Income | $27,648 | 1.9 | |
| ASX20 Franking Credit Pension | $28,610 | 2.0 | |
| Minimum Wage | $37,501 | 2.6 | |
| AFSA Single Comfortable Income | $43,317 | 3.0 | |
| Bank Franking Credit Pension | $45,366 | 3.2 | |
| Small Business All-Offsets Sweet-Spot |
$66,125 | 4.6 | |
| Median Full-Time Earnings | $68,640 | 4.8 | |
| Females on ASX 20 Boards | 33.90% | ||
| Females in Federal Cabinet | 30.40% | ||
| Average age of Federal Cabinet Members |
50.6 | ||
| Average years Cabinet Members in Parliament |
11.1 | ||
| Days Prime Minister has held office |
203 | ||
| ASX 20 Dividend Yield | 5.33% | 4.91% | |
| ASX 20 Franking Credit Yield | 1.89% | 1.79% | |
| ASX 20 | 3159 | 3436 | 8.78% |
| 4 Banks Dividend Yield | 7.03% | 6.68% | |
| 4 Banks Franking Credit Yield | 3.01% | 2.86% | |
| 4 Bank Index | 4104 | 4231 | 3.09% |
| 2 Year Government Bond Yield | 1.98% | 1.59% | |
| 10 Year Government Bond Yield | 2.45% | 1.98% | |
| Occasional Numbers | |||
| Qantas Business Class Perth London |
$13,292 | ||
| Non-government Year 12 school fees |
$34,785 | ||
| Government Members HofR | 49.30% | ||
| Opposition Members HofR | 46.00% | ||
| Minor Party Members HofR | 4.70% | ||
| Government Senators | 41.30% | ||
| Opposition Senators | 33.30% | ||
| Minor Party Senators | 25.40% |
This is the “MW30”, a bunch of numbers to track key changes in Australian politics and economy.
All numbers in the table are as at March 15, 2019. By June 15, when we update, things will have changed a lot: House of Reps and Senate post-election for a start. Then there is the women in politics numbers and the bond rate. The one to watch, will a drop interest rates (that is, ten year government bonds) point to a recession under a Morrison government?
This year’s Federal Budget, as predicted, was a national marketing exercise, not much more.
Sources:
ASX website. Bloomberg LP website. S&P Dow Jones Indices LLC. Parliament of Australia website. Australian Taxation Office website. Bureau of Statistics website. Fairwork website. Department of Human Services website. Qantas website. Four Sydney and Melbourne boys and girls school websites. Association of Superannuation Funds of Australia website.
Notes:
Tax-free threshold is calculated after the effects of LITO and LAMITO.
Small business all-offsets sweet spot is the maximum LITO, LAMITO and SBITO offsets, assuming the small business owner carries on no other activities.
Share prices and bond yields are three-day averages around the date.
4BankIndex: derived from capitalisation of four major banks.
A franking credit pension: ASX20 – franking credits derived from last two dividends, percentage franked and share price; average of equally weighted and index weighted notional portfolios. Four banks – derived from average of two notional portfolios. Each portfolio holds $1.6 million (the pension-phase cap).
Females on ASX boards: reported board membership supplemented by reported senior non-board positions.
School fees: average of four prominent Sydney and Melbourne non-government schools
The Qantas fare is the fare quoted on March 15 to fly on June 15, 2019.
Shorten to Frydenberg: I’ll see you, raise you and raise the tax-free threshold