Search ResultsShowing 61 - 70 of 100+ results for "Superannuation Guarantee"
ASFA puts gig economy on the agenda
EMMA RAPAPORT  |  THURSDAY, 7 SEP 2017
... the current superannuation settings are not suited to these trends." As the system stands, the superannuation guarantee does not cover independent contractors or most of the broader group in the labour force that is self-employed. Gig economy ...
Government funds ATO superannuation taskforce
DARREN SNYDER  |  TUESDAY, 29 AUG 2017
A Superannuation Guarantee Taskforce is being established to crackdown on employers which fail to meet SG obligations and potentially short-change employees from their super. Federal Minister for Revenue and Financial Services, Kelly O'Dwyer, said ...
Super FUM up 10pct to $2.3tn
ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
... contributions skyrocketed 45% compared to employer-paid contributions that increased only 3.5%. Superannuation guarantee and salary sacrifice contributions meanwhile increased 6.5% and 7% respectively. Benefit payments increased 15% to $74.5 ...
First home super scheme may not make it to parliament in 2018
EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... The First Home Super Saver Scheme (FHSSS), residential downsizing incentives , closing of the superannuation guarantee loophole , and the expansion of choice, consumer power, and increased transparency are nowhere to be seen. The spring ...
Government cracks down on salary sacrifice loophole
EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
... salary sacrifice contributions to their superannuation accounts. The move follows the release of a Superannuation Guarantee Cross-Agency Working Group report which recommended closing the loophole and improving employer's compliance with their ...
Industry supports super threshold removal
EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
... wage threshold - which has allowed employers to forego payments of the nation-wide compulsory 9.5% superannuation guarantee to employees earning beneath the threshold - to be removed. ASFA, which also supports to removal of the threshold, said ...
Females dominating non-concessional contributions
JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2017
... that over 92% of Australians' balances are solely comprised of employer contributions, or the 9.5% superannuation guarantee. "This has been pretty stable throughout the whole five years of the research. This really highlights the power of the ...
Women in Super names 2017 scholarship winners
MICHELLE BALTAZAR  |  FRIDAY, 19 MAY 2017
... redistribution of tax concessions, retention of the low income super contribution, raising the superannuation guarantee to 12%, removal of the $450 monthly threshold (most women miss out on super as they fall below this threshold) and include ...
ATO hits back at claims of inadequacy
EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
... has hit back at claims by the Senate economics committee that its "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance. In a press release issued yesterday, the ATO deputy ...
ATO blamed for SG non-payment
KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
The Australian Tax Office's "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance, a Senate committee report found. The ATO's reactive rather than proactive practices significantly ...
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