Split ends: superannuation laws mean that sometimes it is more profitable to divorce than stay married
Article Abstract:
The Australian government's May 2001 budget implemented a much higher tax threshold for single people of pension age compared with married people of the same age. This imposes a tax penalty on married couples of pension age. The government has also changed the superannuation regulations to permit divorcing couples to transfer superannuation benefits between the separating parties with no tax risks.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2001
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Gravy strain: unrealistic superannuation payouts for politicians may be replaced by remuneration packages
Article Abstract:
There is growing pressure in Australia to make significant alterations to the parliamentary superannuation scheme. There may be a shift towards a more flexible approach, with politicians being able to allocate their remuneration among a number of different options.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2001
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Double negative
Article Abstract:
The government and the finance industry are taking a disproportionate share of the benefit from the investors. The severity of taxation and surcharge rules are discussed.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2003
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