Summary
Amends the: Income Tax Assessment Act 1936 to: exempt from income tax foreign employment income derived by an Australian resident employed as an aid worker, a charitable worker, a defence or police deployment, and activities prescribed by regulation; Superannuation (Government Co-Contribution for Low Income Earners) Act 2003 to temporarily reduce the matching rate and maximum co-contribution payable on individual eligible personal superannuation contributions; and Income Tax Assessment Act 1997 and Income Tax (Transitional Provisions) Act 1997 to reduce the caps on concessional superannuation contributions and transitional concessional superannuation contributions.