‘Older workers can fill vacancies’: Business Sydney executive director, Paul Nicolaou

·

The executive director of Business Sydney, Paul Nicolaou, has written to Federal Treasurer Josh Frydenberg calling on the government to let age pension recipients earn more.

According to The Daily Telegraph, Mr Nicolaou believes older workers can fill the hospitality vacancies left behind by a shortage of backpackers and international students in Australia due to the COVID-19 pandemic.

But this is only possible if the Federal Government comes to the party.

In his letter, Mr Nicolaou wrote that “currently under Work Bonus, a pensioner can earn up to $300 of employment income a fortnight… without reducing their pension.”

READ MORE: Business Sydney executive director Paul Nicolaou on why shops remain closed despite the end of lockdown.

“Increasing the limit would allow pensioners the opportunity to earn more money in this current climate and would help businesses who are struggling to find staff have access to a pool of potential workers,” he continued.

The idea has been backed by a number of hospitality industry leaders including the founder of Doltone House, Paul Signorelli.

Treasurer Frydenberg did not respond to requests for comment.

READ MORE: Executive Director of Business Sydney, Paul Nicolaou, calls for a ‘minister for Sydney’.

Source: The Daily Telegraph.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Greek and Egyptian Foreign Ministers reaffirm bilateral relations

Greece's Foreign Minister, Georgios Gerapetritis met with his Egyptian counterpart, Sameh Shoukry in Athens on Monday.

Historic link between Battle of Crete and ANZACs a focus of Sydney commemorations

The historic link between the Battle of Crete and the ANZAC forces were a key focus of commemorations in Sydney.

Multicultural media’s vital role in public interest journalism a key message at Sydney event

Multicultural media's vital role in public interest journalism was a key message at a Sydney event by IMMA.

‘Into the Moonlit Village’ echoes of Battle of Crete and Minoan myth

The story behind ‘Into the Moonlit Village’ is as captivating as the work itself. We found out more to mark the Battle of Crete.

Generations of Pontians remember their roots at genocide commemoration in Melbourne

Melbourne's Pontian community commemorated the Greek Genocide on Sunday, May 19, as part of a series of events. Read more here.

You May Also Like

Search begins for GCM’s Hellenic Chair in Diasporic Studies at Melbourne University

The Greek Community of Melbourne’s Hellenic Chair in Diasporic Studies at the University of Melbourne is searching for a leading academic.

NSW politician apologises to Cypriots for supporting event ‘celebrating’ Turkish occupation

Tina Ayyad MP has "unequivocally" apologised to the Cyprus Community of NSW for attending an event 'celebrating' Turkish occupation.

Man recreates Cypriot wedding scene with Playmobil

A man has created a traditional Cypriot wedding scene using the popular children’s action figure toys “Playmobil.”