01 June, 2010
In June 2010 the Board set both the interest rate and contribution rate that will be applied to the self employed worker for the next financial year as follows:
The interest rate for the 2010-2011 financial year is 6%
The contribution rate (the rate at which a self employed person can contribute into the scheme) remains at $156.00 or $182.00 per quarter for the 2010-2011 financial year (these rates are based on a weekly wage of $720.00 and $840.00 per week