Search results
Results from the WOW.Com Content Network
Except for the mandatory superannuation scheme, workers do not contribute to a pension or insurance scheme in Australia, unlike pension schemes in many other countries. The age pension is subject to a number of requirements: the age pension is available to persons over what is referred to as the Age Pension age. [26]
Telstra also set up a social services CEO round table under Gerard Devan which acted as a "Think Tank" to the sector. Telstra was a major sponsor of the V8 Supercars car racing championship through its BigPond brand and directly sponsored the Sydney Telstra 500 event, the final round of the series held at Sydney Olympic Park. [86]
Placing money onto an Opal card is known as topping up. As of January 2016, there are over 2,000 Opal card retailers that provide top up services across New South Wales. [ 94 ] There are also top up machines at railway stations, light rail stops, and ferry wharves.
A person may be eligible for a Low Income Health Care Card if they are not eligible to a Pensioner Concession Card. [1] This is assessed through a separate claim to a health care card, based on the average weekly income received by the claimant (and their partner, if applicable) in the eight weeks prior to claiming the card. [1]
Telstra Corporation Limited v The Commonwealth was an important case decided in the High Court of Australia on 6 March 2008. [1]It concerned a dispute between Telstra Corporation and the Commonwealth of Australia, the Australian Competition & Consumer Commission (ACCC) and eleven other ISPs regarding the ownership of and shared access obligations to the Telstra controlled unconditional local ...
Voluntary private individual pension provision Georgia: Basic pension: N/A: N/A: N/A Germany: Social assistance: Social insurance system: Voluntary occupational pension insurance: Private pension schemes Hong Kong: Basic pension: Provident fund system: N/A: N/A Hungary: Social assistance: Private pension fund: Voluntary pension fund: N/A India ...
A fund with only pension member accounts which pay the minimum complying pension for the whole year have a tax rate of 0%. These taxes contribute over $6 billion in annual government revenue. [ 41 ] Superannuation is a tax-advantaged method of saving as the 15% tax rate on contributions is lower than the rate an employee would have paid if they ...
The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for public servants that will become payable during a period when an ageing population is likely to place significant pressure on the Commonwealth's finances.