Thursday, June 24, 2021

Singapore - The Monetary Authority of Singapore (MAS) and Financial Industry Further Extend Support Measures for Individuals and SMEs in Tier 1 and 2 Sectors

The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS) and the Finance Houses Association of Singapore (FHAS), today announced an extension of the existing industry-wide support measures [1] for individuals and Small and Medium-sized Enterprises (SMEs) in Tier 1 and 2 sectors [2] that continue to face financial difficulties due to the COVID-19 pandemic.

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Australia - Annual indexation of skilled visa income thresholds from 1 July 2025

From 1 July 2025, skilled visa income thresholds will be increased by 4.6%.   Income thresholds are indexed annually so wages for skilled mi...