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The Great Defector

Budget 2026: Low Income Households Face Sharpest Drop In Income Next Year

Friday, 10 October 2025 10:48

By Martin Osborne - Head of News. Got a story? Email news@kfmradio.com

Pexels

The average home will be 2 per cent worse off next year.

Disposable income is set to drop as a result of Budget 2026.

Lower income households will be worse off, with losses of over four per cent, while those with a higher income will see a loss of around 0.3 per cent.

The average home will be 2 per cent worse off next year.

Dr. Claire Keane, Associate Research Professor with the ESRI, says many people felt better off with the cost-of-living measure last year.

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