Weekly Tax Bulletin --- Page: 19 : 5 January 2007 No author supplied for original article
ABIX Summary
The Minister for Revenue and Assistant Treasurer, Peter Dutton, has urged Australians to save more for retirement. He advised people to make a “super resolution” in 2007. He reminded people that, under the co-contribution scheme, the Australian Government contributes $A1.50 for every $A1 of after-tax superannuation contributions made by employees earning up to $A28,000, up to a maximum co-contribution of $A1,500 per year.