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Showing 1 - 7 of 7 results for "Work Bonus"

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... in its newly released whitepaper, including encouraging older Australians to stay in the workforce by extending the work bonus and introducing a new skills passport. The Working Future report's contents aim to ensure more Australians leverage "big shifts" ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... financial advisers, based on the questions they're asking BT's technical team. According to BT, the $4000 increase to the work bonus for pensioners, which incentivises seniors to earn more income from work, is top of mind for advisers right now. Older ...

Pensioners could solve skills shortage

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
... the federal government to look at the semi-retired population to fill the nation's skills shortage gap. Under the Work Bonus, a pensioner can earn an average of $480 per fortnight or $12,840 per year before their payments are reduced, at an effective ...

QSuper makes changes ahead of merger

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... protection payment reduced by any workers compensation benefit that is paid at the same time. A graduated return to work bonus lump sum payment is being removed. This feature was an optional payment under the policy. From 1 July the removal of this bonus ...

Amendments to retirement income law assent

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... reflects the value of the products. The amendments also expands access to the Pension Loans Schemes and increases the Work Bonus to $300 per fortnight, an also extends the Work Bonus to include income from self-employment and work undertaken as an independent ...

New Bill bolsters retirement income

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... Legislation Amendment (Supporting Retirement Incomes) Bill 2018 proposes three main measures to lifetime income streams, the work bonus and pension loans scheme. The Bill is proposing a new means test rules ahead of a wider range, and possibly more complex ...

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... current limit. For the first time, self-employed retirees will also be able to avail the $300 per fortnight pension work bonus. The Combined Pensioners and Superannuants Association (CPSA) has welcomed the announcement and said the bonus, introduced ...
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