These are just some of the recommendations from Grattan Institute ahead of the federal budget, which also include counting more of the family home in the aged pension assets and residential aged care means tests.
Earlier this week, the Federal Government introduced the Fair Work Legislation (Protecting Worker Entitlements) Bill 2023 (Cth) (Bill) into the Parliament of Australia (Parliament)..
Fair Work Legislation Bill introduced to Parliament of Australia. Reforms include unpaid parental leave more flexibility increased rights to employees per superannuation entitlements and confirming migrant workers entitlement to Fair Work Act regardless of immigration status
The federal government has backed a wage rise for the nation's lowest paid workers in line with inflation, arguing they should not see their real wages go backwards.
Couples now need nearly $70,000 per year to achieve a comfortable retirement, while singles need around $50,000 according to an analysis from the ASFA Retirement Standard. The latest report shows th