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Showing 91 - 100 of 179 results for "Super Guarantee"

Industry funds lead Labor's super inquiry

DARREN SNYDER  |  MONDAY, 5 DEC 2016
... Katy Gallagher, said the ISA report also found about workers aged under 30 were most likely to miss out on the super guarantee, with 37% of 20 to 24-year-olds losing SG payments from their employer, compared with 23% of 50 to 54-year-olds. She said if ...

AIST wants higher concessional cap for older workers

DARREN SNYDER  |  MONDAY, 10 OCT 2016
... measures stemming from this year's Budget. "AIST believes older workers who have not had the benefit of higher super guarantee (SG) rates should have the opportunity to make catch up contributions into super where possible," an AIST statement said. The ...

Super guarantee of 12pct a mistake

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
Assuming that saving for retirement is synonymous with superannuation is a mistake according to the Grattan Institute. In its latest research paper the institute claims the assumption is also a trigger behind misguided plans to increase superannuation ...

Act now to ensure super sustainability: Cooper

MARK SMITH  |  TUESDAY, 6 SEP 2016
BT Financial Group chief executive Brad Cooper has called on the government to raise the super guarantee to 12% and limit reviews of superannuation policy to once every five years. In a speech at a Trans-Tasman Business Circle event in Sydney's Barangaroo ...

"We were wrong about super": FSC chair

ALEX BURKE  |  THURSDAY, 21 JUL 2016
... it's crucial to the economy as it supports what is now Australia's largest industry." Lloyd advocated raising the super guarantee to the original Keating-era target of 15%, noting how long it took to get to 9%. "And we're still a long way away from 12%," ...

Government finds $2.9 billion from super tax

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... least women," Anthony said. "More generous tax breaks will need to be re-directed to lower income workers, the Super Guarantee needs to rise from 9.5% to 12% sooner rather than later and a fairer age pension asset test with a taper rate of no more than ...

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
... that included abandoning a proposal to lift the Age Pension retirement eligibility age to 70; and increasing the super guarantee (SG) rate to 12% in an earlier timeframe. Other recommendations include: the SG being paid on the Commonwealth Paid Parental ...

Not enough super users: Mercer

DARREN SNYDER  |  FRIDAY, 18 MAR 2016
... Knox added that Australia's voluntary contributions could be higher. "Employer contributions or, in effect, the Super Guarantee, in the 12 months to September last year, was $72.6 billion. Voluntary contributions were $30.9 billion or 1.9% of GDP," Knox ...

ISA slams super opt out proposal

MARK SMITH  |  MONDAY, 22 FEB 2016
... government could also boost women's super by restoring the Low Income Super Contribution and lifting the freeze on the Super Guarantee from 9.5% to 12%. "Australians need and deserve a safe pair of hands with retirement incomes policy. Endless, irresponsible ...

Labor eyes super for start-up boost

MARK SMITH  |  THURSDAY, 18 FEB 2016
... about their super investments to make informed choices." Chalmers also restated Labor's commitment to lifting the super guarantee. "A good level of savings gives people the best chance of a decent standard of living in retirement. This is why the super ...