What is income protection insurance

What is income protection insurance

Income protection insurance is one of the most popular types of insurance available in Australia today. This is due to the fact people understand that their livelihoods are dependent on their ability to earn an income. Should they become sick or have an accident,...
What is the Medicare Levy Surcharge?

What is the Medicare Levy Surcharge?

What is the Medicare Levy Surcharge (MLS)? Australia requires its citizens to pay for a Medicare Levy Surcharge (MLS). This is imposed on people who do not have a private health cover and individuals who earn at least $77,000. The income threshold for young couples...