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by robocat 391 days ago
New Zealand copied it, except employee has to pay 3% (now just increased to 4%) and employer matches.

What happens with contractors in Oz? I know a nurse over there on high hourly rate, and I'm guessing part of the reason is to avoid employer contributions.

Is there a strong push for contractors throughout the Oz economy (not just government)?

1 comments

Most contractors “work” for a payroll firm that manages this for them, which is usually the recruiting firm that put them into the role.

For tax and superannuation purposes, they are PAYG employees in non-ongoing positions.