Is wage inflation looming?

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For close to a decade, wages growth has been softening. However in recent quarters, wages growth has turned a corner and has started to quicken. Find out why wage pressures are a key influence on underlying price pressures in the economy and what the RBA’s outlook expects for the next 12 months.

Most income streams are sourced from account based pensions and insurance companies (annuities) with the same and concessional tax structure for both.
Technical resource
The rate of social security payments are affected by an asset and income test. Generally, the test that results in a lower payment is what determines the rate payable.
Technical resource

 


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