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Sydney - Employment
The main industries in Sydney are trading and finance sector. Its finance sector accounts for about a third of employment in finance for Australia, and has overtaken Melbourne in terms of contributions to the Australian economy as a whole. National finance institutions such as The Australian Stock Exchange and the Reserve Bank of Australia are based in Sydney. The main employers in Sydney are its business and finance services, property and retail, health, information technology and community services. Moviemaker 20th Century Fox also has studios based in Sydney.
When working in Australia, note that Australia practices a pension scheme known as “superannuation" (known commonly as “Super"). All employers and employers must contribute to this scheme, even foreigners. As long as you are aged between 18 and 70 years of age, and was paid at least AUD$450 (before tax) in a calendar month, your employer must pay super for you. Expatriates who are leaving Australia for good can make a claim for the super money to be returned as long as the requirements are met. Visit the Australian Tax Office for more information about Super.
The Australian workplace practices many family-oriented policies, and expatriates with children may be happy to note that that there are many companies that offer flexible working hours, or work from home schemes for employees with children.
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