AUSTRALIA - Low income workers will receive a boost to their superannuation savings from July 2012 by having their contributions tax refunded.
Currently, all Australians pay a 15% tax taken from gross superannuation contributions. But under a plan proposed by Assistant Treasurer and Minister for Financial Services and Superannuation Bill ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date