Retrospective legislation will shut down a court case that could have handed retired public servants millions of dollars more in pension payments.
The Albanese government is rushing legislation into Parliament to kill off a Federal Court case that if successful could expose taxpayers to a potential payout of up to $8 billion for retired public servants.
Finance Minister Katy Gallagher will introduce the bill on Wednesday, with hopes that it will pass Parliament on Thursday. The Morrison government introduced regulations to stop future claims, but legal advice indicated retrospective laws would not be required because the ex-public servants would fail in their case.
Senator Gallagher said there was a danger that some Commonwealth employees could receive “significant windfall increases in superannuation benefits that are well beyond community standards” totalling millions of dollars only because they have received rent-free housing.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bid to stop $8 billion superannuation claim for bureaucrats’ rent-free homesThe government will make an urgent move to stymie a trio of bureaucrats seeking to have the value of their rent-free accommodation included in their superannuation calculation.
Read more »
Bid to stop $8 billion superannuation claim for bureaucrats’ rent-free homesThe government will make an urgent move to stymie a trio of bureaucrats seeking to have the value of their rent-free accommodation included in their superannuation calculation.
Read more »
‘The power we had was astonishing’: ex-soldiers on Israel’s government in the occupied territoriesNewly published military testimonies highlight the bureaucratic power of Cogat’s ‘permit regime’ over Palestinians
Read more »
It’s not the govt’s intention to impose a windfall tax on gas companies: Chalmers
Read more »
'Started to go numb': Putin's ex-aide rushed to hospitalVladimir Putin's former aide Antoly Chubais, who quit his job as the Kremlin's climate envoy and fled Russia, has been admitted to hospital after his hands and legs 'started to go numb'.
Read more »
Commonwealth Games 2022 medal tally LIVE: Aussie gold rush continues in monster medal haulFor those counting at home 😉 The Australian athletes are in FORM after three days at B2022 Keep track of all the results and medal hopefuls with our Live Blogs 👇
Read more »