Superannuation Guarantee – time to pause & reflect or full steam ahead?
After almost 30 years since the introduction of compulsory superannuation in Australia, many practitioners have called for a review of the superannuation guarantee (SG) system before the legislated increase in employers’ compulsory contributions from 9.5% to 12% by 2025. These increases are: Period Super Guarantee (%) 1 July 2002 – 30 June 2013 9.00 1 July […]