Many people come here for its benefits.
How good are Australia's welfare benefits? According to a survey released by Mercer, a world-renowned consulting company, Australia's pension benefits rank third in the world after Denmark and the Netherlands!
Although Australia’s pension benefits are good, the pensions received may be taxed after immigrating to Australia.
So what exactly is the Australian pension system? Australian pensions can be divided into two parts: "retained pension" and "non-reserved pension". Generally speaking, employees can withdraw the "non-reserved pension" when they leave their current position.
"Retained pension" can only be withdrawn after reaching a certain retirement age (if you change jobs, the pension paid in the original unit will be automatically transferred to the account opened for employees by the new company).
According to local laws, Australian companies or private owners must pay pensions to their employees. According to the relevant standards currently implemented, employers must deposit 9% of their employees' pre-tax wages into their personal pension accounts at least every three months.
In addition, the government will also impose a 15% tax on pensions, and an additional 15% surcharge will be levied on high-income earners with an annual salary of more than 75,800 Australian dollars.
Although the Australian government’s pension taxation measures are strong, the Australian government still provides tax incentives: in Australia, seniors over 60 years old are exempt from tax when receiving super annuities.
In addition, the income from super annuity fund investments is also higher than the income from other investments.
Australia is one of the most successful immigration countries in the world.
Today, nearly a quarter of Australia's 21 million people are overseas migrants.
Australia continues to welcome immigrants to the country who can contribute to the future development and well-being of the country and its people.
Immigration has a huge impact on Australian life, especially population growth.
The country's population was only 7 million in 1945, 90% of which were native Australians.
Since then, more than 6 million people from more than 200 countries have immigrated to Australia.
Australia continues to welcome new settlers and their families and provides a range of services to help them settle in, including interpretation services, consultation and English training courses.
Most newcomers settle quickly and successfully.
In many schools, not only traditional European languages ??are taught, but also the languages ??of important regional trading partners - such as Chinese, Japanese and Indonesian.
Business migrants benefit from Australia’s deregulated economy, the country’s rich natural resources, and strong tourism, education, agriculture and technology economic sectors.
Australia's tax system finances excellent infrastructure, education and health services and is as good as any other Western country.
Australia's lifestyle is the envy of the world.
As long as you are willing to set goals and work toward them, this vast and beautiful country will reward you handsomely.
Some of Australia's larger cities are benefiting from immigration, but other regions - including smaller capital cities and regions - are getting a piece of the pie.
In regional areas, immigrants play an important role in contributing to Australia's economic, demographic and social development.
These areas also offer immigrants the opportunity to enjoy a unique lifestyle.