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28 Sep 06 Minister comments on co-contribution payments

In a press release issued on 26 September 2006, the Minister for Revenue and Assistant Treasurer, Peter Dutton, said that the first full year of the expanded superannuation co-contribution scheme has been a stunning success. The Minister said that the Government has made 1,162,730 co-contribution payments worth a total of $934,127,510 in respect of the 2004/05 financial year. The average size of the Government’s co-contribution payment for the year was $803.

For a copy of the Minister's press release, No 2006/70, 26 September 2006, go here

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