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Showing 1 - 10 of 17 results for "AWOTE"

Transfer balance cap to rise to $2.1m

JAMIE WILLIAMSON  |  FRIDAY, 30 JAN 2026
... receive any uplift at all." As for contributions caps, which are calculated based on Average Weekly Ordinary Time Earnings (AWOTE) figures, Busoli said it is a near certainty that they will also rise from July 1. If so, the concessional contribution ...

Age Pension to increase on September 20

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
... 80%. "We continue to call for the Work Bonus payments thresholds to be indexed to Average Weekly Ordinary Time Earnings (AWOTE). This isn't just about allowing retirees to work without facing extreme effective tax rates, it's about recognising ...

Retirees unfairly targeted by tax: HESTA

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
... incentives to work are not diminished by indexing the Work Bonus payments thresholds to Average Weekly Ordinary Time Earnings (AWOTE). The Work Bonus allows those at or over Age Pension age to earn income from part-time, shift, or casual work while retaining ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
... he said. Meanwhile, contribution caps are determined by a different measure, the average weekly ordinary time earnings (AWOTE), which is set to be released next month. Chow said the most recent AWOTE figures suggest it is unlikely contribution caps will ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... go up on July 1, after the Australian Bureau of Statistics reported an increase in average weekly ordinary time earnings (AWOTE). The ABS reported the AWOTE rose 4.5%, seasonally adjusted, in the year to November 2023 - much more than the 0.07% needed ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... cases they do not have the same expenses. They are also not contributing to productivity improvements that would likely see AWOTE rise above CPI, Orford said. "In my view, each generation benefits from the improvements in the world made by past generations. ...

Market Wrap AM

AAP  |  THURSDAY, 14 AUG 2014
... attends Risk Australia Conference in Sydney. The Australian Bureau of Statistics releases average weekly time earnings (AWOTE) data for the six months to May. In equities news, Telstra, Crown Resorts, Fairfax Media, Goodman Group and Dexus Property Group ...

Consumers find super 'mind-boggling', survey shows

JAMES FERNYHOUGH  |  MONDAY, 9 DEC 2013
... dashboard was that information should be given clearly, not obscured by technical terms and acronyms such as 'CPI' and 'AWOTE'. Consumers also critiqued the "dated" and not-zesty-enough appearance of the dashboard. Overall, consumers responded well to ...

Treasury releases draft EM for super changes

ALEX DUNNIN  |  TUESDAY, 7 MAY 2013
... individuals. The cap increase has two elements: the current $25,000 cap will be indexed to Average Weekly Ordinary Time Earnings (AWOTE), and there will be a temporary higher cap that will operate until the standard cap catches up with it. The mechanics ...

Market Wrap AM

AAP  |  THURSDAY, 21 FEB 2013
... In economic news on Thursday, the Australian Bureau of Statistics (ABS) is due to release average weekly time earnings (AWOTE) for the six months to November. In equities news, ASX, Insurance Australia Group, Paperlinx, Qantas Airways, Bega Cheese, Retail ...
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