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Grey tsunami: Queensland s biggest pension postcodes
sunshinecoastdaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunshinecoastdaily.com.au Daily Mail and Mail on Sunday newspapers.
Grey tsunami: Queensland s biggest pension postcodes
themorningbulletin.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themorningbulletin.com.au Daily Mail and Mail on Sunday newspapers.
Australian businesspeople working overseas are accusing the Morrison government of adopting a damaging “fortress Australia” mentality by not easing border restrictions for those vaccinated against Covid-19.
This week, the government’s big-spending federal budget hedged on the crucial issue of when and how the international border would reopen, suggesting it would not happen before mid-2022.
The prospect of another 12 months of closed borders has prompted an increasingly organised group of overseas-based Australians and foreign citizens with significant business interests in Australia to speak out. They are urging the government to set out a clear plan for reopening that involves more bespoke quarantine arrangements.
Budget 2021: Everything you need to know about changes to superannuation
Source: Unsplash/Adam Winger.
The federal budget included help for low-income earners, first-home buyers and downsizers, but made no mention of the superannuation guarantee.
Here’s everything you need to know.
$450 threshold
The best superannuation news in the budget was aimed at the 300,000 Australians who are in work but receive no super.
The Treasurer announced that the $450-a-month income threshold below which employers do not have to pay super would be scrapped before the end of the next financial year.
Women in Super CEO Sandra Buckley said “this is a reform that we have been advocating for a long time”.