We are very close to the cap and wondering what happens once we go over. It is actually preventing me from working which is rather ironic seeing as the government made the changes to 'get women back into the workforce'. All it is doing is saving them money.
Don't get me wrong - I REALLY want to work and have been doing lots of volunteer work in my field, but am unable to get my foot back in the door. However, thinking logically - who on earth is going to go over the cap by a couple of hundred dollars and lose between $15k-$20k? The old system where it phased out the more you earned was brilliant and made so much sense in supporting mothers returning to work.