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”.
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The family-friendly contest pulled in 796,000 viewers on Monday, making it the highest rated non-news program of the night.
Lego Masters easily defeated both Channel Seven s Big Brother and Channel 10 s MasterChef Australia.
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MasterChef pulled in 607,000 viewers, while Big Brother only managed a modest 552,000.
One of the big winners of the night was 10 panel show Have You Been Paying Attention?, which had 732,000 viewers.
Numbers for MasterChef are significantly down from last season, and now a top TV critic has shared his plan to save the cooking competition.
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One of the big winners of the night was 10 panel show Have You Been Paying Attention?, which had 732,000 viewers.
Numbers for MasterChef are significantly down from last season, and now a top TV critic has shared his plan to save the cooking competition.
Flop? Channel Seven s Big Brother only managed a modest 552,000 viewers on Monday. Pictured: Big Brother housemate Tilly Whitfield
David Knox of TV Tonight suggested cutting the series down to a six week season - previous seasons have run for 14 or 15 weeks.
He insisted it s high time the kitchen set had a makeover, too, and wants to see more Mystery Box challenges.
MasterChef Australia saw a ratings decline in its first week, pulling in a paltry 527,000 metro viewers, according to Mediaweek.
While things are looking up - with the show scoring a slight uptick with 570,000 metro viewers tuning in on Thursday night, it hasn t been the ratings juggernaut it was last year with the MasterChef: Back To Win.
The all-stars special broke the magic million mark in its first week last year - including nearly 1.1 million for its second episode, but has struggled in 2021.
Slide: MasterChef Australia saw a ratings decline in its first week, pulling in a paltry 527,000 metro viewers, according to Mediaweek. The reality show broke the magic million mark in its first week last year. Pictured judges Andy Allen, Melissa Leong and Jock Zonfrillo