Cost-of-living payment
The payment is a set amount rather than a percentage of pay the firm said to ensure those in the lower pay brackets benefited appropriately. From July 1 this year more than 10.
The cost-of-living payment is one of two keystone measures unveiled in the federal budget the other being a tax offset for low and middle income earners.
. In light of the challenging external circumstances affecting the cost of living weve taken the decision to make a one-off payment of 900 in Aprils salary to most colleagues.
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