Some employees may save up to $6,000 per year. That is after tax dollars and for many, many employees a huge bump in disposable income and helping combat climate change at the same time.
I reckon switched on employers will promote this heavily to staff and it may be a way for those employers to reduce the pressure of wage increases sought by employees by encouraging staff to take out novated leases as a component of a salary package.
The pressure on employees dealing with cost of living pressures may be just the catalyst for those employees to seek extra after tax dollars.
That is very good news for salary package providers like SIQ.
SIQ Price at posting:
$5.05 Sentiment: Buy Disclosure: Held
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