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Superannuation

ACT govt slashes SG

BY HAMISH MADDEN | THURSDAY, 8 JUN 2006 12:26PM

In its 2006-07 Budget, the ACT Government has announced it will reduce its superannuation guarantee level to 9 per cent from 1 July 2006 in a bid to reel in the expected 700 per cent increase in super costs over the next 30 years.

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