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| | | ... consumption would remain the primary risk for the domestic economy. But hey, I would take 94.8% (100-5.2% unemployment rate) of workers getting minute pay rises (none for some) than 90% (10% unemployment rate) getting hefty pay increases. Not to mention ... |
| | | | ... increasing the SG to 12% would not ease the burden on the Age Pension. Now, Grattan is claiming that an increase will leave workers poorer because it will reduce the amount they are entitled to through the pension, ISA said. Mercer commented that Grattan's ... |
| | | | ... Australians retire a few years before the pension age," Mercer pointed out. The firm noted Grattan's assumption that workers are single when they retire ensures a skew in the age pension projection in its research. With 70% of workers retiring with ... |
| | | | ... that works with partners to alleviate disadvantage. Twenty per cent of the apartments were allocated to "key contribution workers" such as nurses, aged care professionals, firefighters, ambulance officers, and those working in the not-for-profit sector. ... |
| | | | ... "The new executive team will help us further support Australian employers to improve mental health and wellbeing of their workers through more evidence-informed solutions, delivered in innovative ways, to suit changing work patterns and emerging needs," ... |
| | | | ... legislated increase to the superannuation guarantee or Senator Andrew Bragg's idea to make superannuation voluntary for workers earning less than $50,000 a year would be explored by the review, Morrison said the government wouldn't get in the way. "That ... |
| | | | New legislation will enforce stronger protections against dodgy employers who short change workers' superannuation savings via salary sacrifice contributions. Assistant Treasurer and Housing Minister Michael Sukkar introduced a raft of tax measures ... |
| | | | ... said modelling he commissioned from research house Rice Warner shows the first year of voluntary super for low income workers would save the Government $1.8 billion. Australians don't exceed the super tax rate of 15% until they earn more than $44,000 ... |
| | | | ... MPs were urging the Government to stop the SG increase dead in its tracks, or consider winding it back for low-income workers. According to ISA, moves to wind back the increase would be akin to shifting the goal posts, and would "deny Australians the ... |
| | | | ... sense given the similarities between their memberships; largely comprised of education, community services and health workers. The similarities are also reflected in the numbers. As at May 31, the average accumulation balance at VicSuper is $97,618 while ... |
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