Backpacker tax resolved.

Posted on Dec 2, 2016

The Coalition’s preferred 15 per cent tax rate passed the Senate late last night in exchange for significant concessions, including an extra $100 million for Landcare over four years.

In exchange for support from the Greens, the Government also agreed to reduce the percentage of superannuation backpackers forfeited when they leave Australia from 95 to 65 per cent.

Full article here: http://www.abc.net.au/news/2016-12-02/government-defends-greens-deal-to-secure-backpacker-tax/8086248