Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure the Government and the regulators are looking to dramatically change.

SuperannuationJPR BUSINESS GROUP2 November 2023super, super guarantee, superannuation, ATO

Super Guarantee reaches eleven per cent

Workers’ retirement savings got a boost from July 1 when the superannuation guarantee (SG) increased to 11 per cent as part of a legislated plan to raise the rate to 12 per cent by 2025.

Right to Super to be Enshrined in National Employment Standards

The Government has announced that it will enshrine a right to superannuation payments in the National Employment Standards (NES).

What changes on 1 July 2021?

From superannuation to single touch payroll, find out what’s changing from 1 July 2021.

Super guarantee opt-out for employees with multiple employers

Employees with multiple employers can now opt-out of superannuation guarantee from all but one employer.

Financial Accounting, SuperannuationJPR BUSINESS GROUP2 December 2019super guarantee, superannuation