Sat, 16th Mar 2024

In this episode, Paige Estritori discusses changes to the Emergency Services Levy in New South Wales, factors affecting Australians with multiple jobs including tax and superannuation considerations, the impact of MySuper a decade since its introduction highlighting its advantages and drawbacks, and an update on the inquiry into insurance practices after the 2022 floods. Plans to reform the Emergency Services Levy due to increasing insurance costs are mentioned. Australian Bureau of Statistics notes a rise in multi-jobbing citizens, most notably in the 20-24 age bracket, leading to potential tax implications. MySuper's impact on superannuation, featuring lower fees but casting doubts on the impact on investments is discussed. Finally, an ongoing inquiry into insurance practices following the 2022 floods spearheaded by the House of Representatives Standing Committee on Economics is updated with mentioned submissions and on-site visits.