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The Federal Budget included drastic changes to Foreign Employment Income. From what I understand "Residents (of Australia) for taxation purposes" will now be double taxed (read below). How does this affect you? I have to change quite a bit of our stuff in order to keep our money safe from the Aussie Labour Party - and I will NOT be sending money back to Australia but keep it in HK. Federal Budget 2009-10 - Taxpayers Australia