April 18, 2024

changing

All laws changing on July 2021

The new financial year is here, and a number of things are due for an overhaul.

It’s an important mid-year milestone where many policies come into effect that will impact your healthcare, your wages and even the price of your next craft beer.

Here’s what you need to know for July 1, 2021.

Superannuation to rise, some salaries to fall

From the beginning of the new financial year, working Australians will receive a 0.5 per cent boost to their superannuation fund.

Legislation requires super to increase from 9.5 per cent to 10 per cent from July 1, and then rise