ADIA is the peak business organisation representing manufacturers and suppliers of dental products. Our vision is for an industry that empowers oral health professionals to advance the health and wellbeing of all Australians...................... — ADIA Strategic Plan

2017 Budget — Personal income taxation

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The 2017 Australian Government Budget makes a number of changes to personal taxation that, on balance, increase the overall burden for all income earners.

Budget Repair Levy Dropped

The Budget Repair levy of 2% that applied to a person's taxable income which exceeds $180,000 has, as expected, been removed from 1 July 2017. The levy was was introduced in the 2014 Australian Government Budget and applied in the 2014-15, 2015-16 and 2016-17 financial years. As a result, from 1 July 2017 the reference the top marginal tax rate will revert to 45% plus the Medicare levy.

NDIS Medicare Levy Increase

The Government will increase the Medicare levy by half a percentage point from 2.0 to 2.5 per cent of taxable income from 1 July 2019 to ensure the National Disability Insurance Scheme (NDIS) is fully funded. Other tax rates that are linked to the top personal tax rate, such as the fringe benefits tax rate, will also be increased.

This measure is estimated to have a gain to tax revenue of $8.2 billion over the forward estimates period. This is the net impact across all heads of revenue, not just the Medicare levy.

2016-17 2017-18 2018-19 2019-20 2020-21
...Tax Revenue Implications
$400 Mil $3,550 Mil $4,250 Mil

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The Government will use all revenue generated by the Medicare levy to support the NDIS and to guarantee Medicare. In particular, the Government will credit $9.1 billion over the forward estimates period to the NDIS Savings Fund Special Account when it is established.

Low-income earners will continue to receive relief from the Medicare levy through the low-income thresholds for singles, families, seniors and pensioners. The current exemptions from the Medicare levy will also remain in place.

Medicare Levy Low-income Thresholds

The Government will increase the Medicare levy low-income thresholds for singles, families and seniors and pensioners from the 2016-17 income year. The increases take account of movements in the CPI so that low-income taxpayers generally continue to be exempted from paying the Medicare levy.

2016-17 2017-18 2018-19 2019-20 2020-21
...Tax Revenue Implications
-$60 Mil -$40 Mil -$40 Mil -$40 Mil

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The threshold for singles will be increased to $21,655. The family threshold will be increased to $36,541 plus $3,356 for each dependent child or student. For single seniors and pensioners, the threshold will be increased to $34,244. The family threshold for seniors and pensioners will be increased to $47,670 plus $3,356 for each dependent child or student.

This measure is estimated to have a cost to revenue of $180.0 million over the forward estimates period.

The Government will provide $8.1 million over two years from 2016-17 to communicate the Government’s key tax integrity measures to the Australian business community and the general public. The campaign will demonstrate Australia’s international leadership in addressing multinational tax avoidance

Budget Briefing —

Stakeholders from across the dental industry are encouraged to attend the 2017 ADIA Australian Government Budget Briefing that will be held on 24 May 2017 in Sydney. It will be presented by Bill Evans, the Chief Economist at Westpac. [Register Today]

Member Engagement —

ADIA provides leadership, strategy, advocacy and support. Our members set our agenda, fund our activities and directly benefit from the results. With respect to the Association's work to ensure that the initiatives within the 2017 Australian Government budget support the dental industry, the team in the ADIA national office receive advice and guidance from members serving on the ADIA-BAC Business Affairs Committee.

Further Information —

To keep up to date with how ADIA is working to ensure that the Australian Government budget supports the dental industry, subscribe to the Twitter feed @AusDental or follow us on Facebook at www.facebook.com/dental.industry. Alternatively, you can contact the Association via email at canberra@adia.org.au or by telephone on 1300 943 094.


This information is available for your use under a Creative Commons Attribution 3.0 Australia licence, with the exception of the ADIA logo, other images and where otherwise stated.

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