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Showing 111 - 120 of 194 results for "Super guarantee"

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 ...

Rice Warner puts its case for budget changes

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
... allowed to pay additional contributions for female employees; and removal of the $450-a-month threshold for which super guarantee (SG) contributions do not need to be paid. Among several measures for 2016, the firm would like to see the federal government ...

Industry bodies attack SG freeze speculation

MARK SMITH  |  FRIDAY, 5 FEB 2016
... superannuation industry have railed against speculation the government is considering freezing scheduled increases to the super guarantee (SG). The Association of Superannuation Funds of Australia (ASFA) said the move would not only reduce retirement ...

20pct tax rebate is budget neutral: FSC

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
... modeled rebate levels at 10, 15 and 20%, with the lower options showing an expected increase in tax receipts if the super guarantee continued its path to increase to 12% on 1 July 2021. The modeling also assessed the impact the three changes to concessional ...

Super non-compliance to cost $44 billion

ALEX BURKE  |  MONDAY, 16 NOV 2015
... met." Cbus found that in 2013, roughly $2.6 billion was lost to super accounts as a result of non-compliance with super guarantee laws; it added that this amount was growing by 5% per annum. The $2.6 billion comprised 4.4% of total guarantee contributions. ...

Super guarantee charge bundled by red tape repeals

DARREN SNYDER  |  FRIDAY, 13 NOV 2015
... Carnell said. The Association of Superannuation Funds of Australia (ASFA) believes reducing the harshness of the super guarantee charge (SGC) should only occur if additional resources are provided to the Australian Tax Office. ASFA has said the non-payment ...