Post to Facebook on 10/5/2017 9:53 PM
Commenting on "Federal Budget 2017 - Extract"
Federal Budget 2017 - Extract from ABC News website
Under the new Temporary Skills Shortage visa employers will have to pay a levy of up to $5,000 for each foreign worker they employ. The levy will be put towards a fund to train Australian apprentices and trainees.
Foreign investors are being slugged with an extra charge for properties left vacant.
Foreign property owners are also being stung on their main residence; they'll now have to pay the capital gains tax when they sell it. And foreign ownership of new developments will be capped at 50 per cent.
Australian permanent residents and most New Zealand citizens will no longer be able to apply for Commonwealth supported university places.
Thank you for reading.
Commenting on "Federal Budget 2017 - Extract"
Federal Budget 2017 - Extract from ABC News website
Under the new Temporary Skills Shortage visa employers will have to pay a levy of up to $5,000 for each foreign worker they employ. The levy will be put towards a fund to train Australian apprentices and trainees.
Foreign investors are being slugged with an extra charge for properties left vacant.
Foreign property owners are also being stung on their main residence; they'll now have to pay the capital gains tax when they sell it. And foreign ownership of new developments will be capped at 50 per cent.
Australian permanent residents and most New Zealand citizens will no longer be able to apply for Commonwealth supported university places.
Thank you for reading.
