Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

Govt confirms SG delay, kills LICS

The Government has confirmed it will delay the increase in the compulsory superannuation contributions to 12% and that it will abolish the Lower Income Contribution Scheme.

Upgrade your subscription to access this article

And gain access to:
  • All website content, including archived news
  • Home page news customisation
  • Tech Zone, your technical resource library
And more
Already A Subscriber?

Read more: Superannuation,  Government,  ISA,  SG,  Australians,  FSC,  LICS,  Lower Income Contribution Scheme,  Bill 2013,  Financial Services Council,  Govt,  Industry Super Australia,  John Brogden,  July 2016,  July 2019,  July 2021,  LISC,  Low Income Earners Concession,  Minerals Resource Rent Tax