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Subject: Families face new frontier
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08-06-2008 8:29 AM Alert 

Michael Madigan From: The Courier-Mail
May 17, 2008
WITH $150,000 a year emerging as the new financial frontier for those aspiring to be wealthy, Australia suddenly appears divided on where affluence ends and Struggle Street begins.

The Federal Government tacitly identified households on more than $150,000 a year as the new rich in Tuesday's Budget.

That's the figure that now cancels out middle-class welfare such as the baby bonus, the family tax benefit part B and the child-care benefit.

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