Ducky,
I disagree. I obviously had to pay tax on my earnings but unlike many I still put the appropriate amount in my super. I will give you an example at 2018 tax rates.
Award $690 per week
Super $59.60
Other taxes $65 (includes Medicare)
So take home $565.40
Contractor $900 per week
Super $78.08
Other tax $120.00 (includes Medicare)
Take home $701.92
Better off as a contractor I say. Thats an extra $6480 a year. Easily makes up for lack of paid holidays or sickies.
I believe the ATO now have strict guidelines on who qualifies as a contractor. I dont think I could do it now unless I worked for multiple drop zones during the year (very possible).
Last edited by Climb150; 21st Jan 2020 at 02:04.