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Showing 131 - 140 of 179 results for "super guarantee"

FSC urges Senate to vote for SG rise

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
... New research carried out by Rice Warner Actuaries for the Financial Services Council (FSC) claims raising the super guarantee from 9 to 12 % as proposed by the government, would cause the retirement savings gap to fall to $836 bn from $897 bn in 2009. ...

Tax concessions focus of Super roundtable

MELANIE TIMBRELL  |  FRIDAY, 24 FEB 2012
... a year to refund contributions tax for those earning under $37,000 and abolishing the 70 year age limit on the super guarantee are the reform elements for discussion at the roundtable over the coming months.

PM: Labor taking reform road on super

CLAIRE MCGREAL  |  MONDAY, 5 DEC 2011
... more fairly so that all Australians benefit. And just this week we announced the abolish of the age cap for the super guarantee so tat those over 70 can continue to earn super that's their due."

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... longer," said the Minister. The government said the changes will also allow employers claim income tax deductions for super guarantee contributions for workers aged 70 plus, which means they wont be deterred by any higher costs. Meanwhile the government ...

SG rise through House of Representatives

CLAIRE MCGREAL  |  WEDNESDAY, 23 NOV 2011
... this morning, will support a company tax rate cut, which the government will then use to fund the 3% rise in the Super Guarantee (SG). "The proceeds of the mining tax will enable increased superannuation for Australian workers - delivering investment ...

Abbott: Coalition will not vote for SG but won't rescind it

RACHEL DAVIS  |  FRIDAY, 18 NOV 2011
... Abbott. The Coalition had previously stated that they were opposed to the proposed increase of the compulsory super guarantee from nine to 12% by 2020. "We are not instinctive supporters of mandatory super contributions," said Abbott. "Once these things ...

CareSuper cuts income protection premiums

MATT WOODINGTON  |  THURSDAY, 20 OCT 2011
... benefit can be no more than 85% of a gross monthly salary. Of that sum, 75% is payable as a benefit and 10% as a super guarantee contribution. Each unit of cover provides a benefit of $425, of which $375 minus income tax can be received as a benefit ...

SG increase the key to global pension top spot

ELISE BURGESS  |  WEDNESDAY, 12 OCT 2011
... Netherlands take the top spot as they have a higher replacement rate." For Australia, this will only improve once the Super Guarantee level (SG) is raised to 12%, said Knox, as it will improve adequacy and increase the assets held in the system. "If ...

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
... industry, which is $1.34 trillion, will be disappointing for the government at a time when it is pushing for higher super guarantee contributions. However, these are only quarterly results and the industry, including self managed super funds and life ...

20pc not too high for super contributions

RACHEL DAVIS  |  FRIDAY, 26 AUG 2011
... adequately funded. "20% is the realistic goal for contributions," said Harden. "Whether its mandated or not by the super guarantee. People should be encouraged to save their incomes. "As they move towards retirement as much as 20% of income into their ...