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at 10:40 am on April 19, 2021 | 15 comments
The Australianreports that the upcoming federal budget will not include a measure to pause the proposed increase in the superannuation guarantee (SG). It will also not contain measures to allow first-home buyers (FHB) early access to their super, as some Coalition MPs have been calling for, following strong opposition from Prime Minister Scott Morrison:
[Liberal MP Jason] Falinski, one of the biggest advocates for pausing the increase to the superannuation guarantee, said he was “disappointed for Australians”.
“Increasing the super guarantee does not do ordinary Australians any good,” Mr Falinski told Sky News. “But it’s legislated. The Prime Minister’s made it clear that legislation will ensure that the increases go forward.”
VIC urged to follow NSW and end stamp duty macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.
Roy Morgan Research Australian unemployment drops to its lowest for a year as employment increases again in March
Country: This Roy Morgan survey on Australiaâs unemployment and âunder-employedâ is based on weekly face-to-face interviews of 745,847 Australians aged 14 and over between January 2007 and March 2021 and includes 5,959 telephone and online interviews in March 2021. The âunder-employedâ are those people who are in part-time work or freelancers who are looking for more work.
Latest Roy Morgan employment series data shows 1.64 million Australians unemployed in March (down 291,000 on February) for an unemployment rate of 11.4% - the lowest for a year.
12.75 million Australians were employed in March – the highest since early March 2020:
Superannuation funds riddled with junk insurance macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.