The Federal Government will save hundreds of millions of dollars by
increasing visa application fees and forcing some foreigners working in
Australia to pay more tax.
From July 2016, those on a working holiday in Australia will no longer
enjoy a tax free threshold of up to $18,200, and will instead be forced to pay
32.5 per cent tax from their first dollar earned.
That measure will save the budget $540 million over four years.
Treasurer Joe Hockey said the measure was fair and aimed at
"levelling the playing field".
(Source: ABC)
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