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Federal Budget 2010

Australia’s 2010 Federal Budget, announced on Tuesday 11 May, included a greater focus on promoting health, building skills and savings. This has a number of implications for employers, employees and superannuation funds.

 

Our analysis report of the 2010 Budget outlines many of these changes and the related workplace, savings and superannuation implications, including:

 

  • An increase in the Superannuation Guarantee
  • Additional investment in skills
  • Health changes
  • Tax discount for personal interest income
  • Increase in the concessional contribution limit for those aged 50 or more
  • Greater flexibility for First Home Saver Accounts

 

 Download Mercer's 2010 Federal Budget Review

 

Immediately after the Budget was announced, we interviewed Mercer’s Managing Director and Market Leader for Australia, David Anderson, for an overview of the changes and their implications.

 

 

 

 

 

 

 

Use this form to request a call from the Mercer team or email us.

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