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Showing 121 - 130 of 468 results for "Superannuation Guarantee"

SG verdict: Choose your own adventure

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... will retire with 12% to 18% thinner final balances if the government sticks with its plan to increase superannuation guarantee from current 9.5% to the planned 12%, the report says. Its modelling found lower-income earners would be harder hit, with their ...

Frydenberg unveils Retirement Income Review

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... retirement outcomes delivered to Australians. Frydenberg stopped short of confirming that the legislated superannuation guarantee (SG) will not go ahead next year, citing that "we are living in a different economic environment" thanks to the global pandemic. ...

Majority of Aussies want SG rise: ASFA

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
Around 75% of Australians want the superannuation guarantee to rise to 12%, according to a survey commissioned by the Association of Superannuation Funds of Australia (ASFA). ASFA said 1375 Australians were surveyed in October by Utting Research about ...

BAS agents to expand service offering

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
... registered a new legislative instrument to allow BAS agents to expand their services in relation to the superannuation guarantee charge (SGC). The instrument, Tax Agent Services (Specified BAS Services No. 2) Instrument 2020, is the result of extensive ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
Industry Super Australia has hit out at arguments that wages will increase if the planned superannuation guarantee rise is delayed. ISA said the evidence that ditching the SG rise will not help wages can be seen from the last time it was cut in 2014. ...

Public servants caught in SG bungle

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... issues came to light after the Australian Taxation Office published advice relating to the application of superannuation guarantee (SG) to recreation leave loading, which then prompted the Department of Corporate and Information Services to review superannuation ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... than 700,000 women. "The LISTO was aligned with the tax-free threshold and 19% tax bracket and matches superannuation guarantee contributions - but the tax cuts have moved those brackets up the scale," ISA said. "But the LISTO rate has stalled at $37,000 ...

No evidence lower SG will result in higher wages: ACTU summit

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
... The Morrison government has been labelled cruel for considering postponing the legislated rise to the superannuation guarantee by those speaking at the ACTU Emergency Super Summit. Executive director at Per Capita, Emma Dawson said indication that a ...

Amnesty unearths $588m unpaid super

KARREN VERGARA  |  MONDAY, 21 SEP 2020
... underpaying staff approximately $588 million in superannuation, with many coming forward before the September 7 Superannuation Guarantee Amnesty deadline. The office of Senator Jane Hume, Assistant Minister for Superannuation, Financial Services and ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... lack of automation could potentially worsen the unpaid super problem. On September 4, employers paying superannuation guarantee (SG) contributions had to switch payment methods to either Electronic Funds Transfer or BPAY, as Westpac considered it impracticable ...