AUSTRALIA - The first year of the expanded co-contribution scheme has produced contributions worth over AUS$695m which 890,000 Australians will be entitled to, according to the minister for revenue and assistant treasurer Peter Dutton.
Under the expanded scheme the government contributes $1.50 for every $1 of after tax superannuation contributions made by employees earning up to $28,000, up to a maximum co-contributions of $1500 ...
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