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Showing 141 - 150 of 192 results for "Super Guarantee"

$2.8bn in lost super found

LINDA HAUSKEN  |  WEDNESDAY, 4 JUL 2012
... superannuation savings of around 3.6m Australians, including 2.1m women, who earn up to $37,000 per annum. "The super guarantee rate is also increasing to 12% every year from 1 July 2013 to 1 July 2019 progressively and the upper age limit for guarantee ...

EOFY: Review of super contributions essential

LINDA HAUSKEN  |  TUESDAY, 12 JUN 2012
... along and not realising that there has been a change and they end up with $40,000 worth of salary sacrificing and super guarantee contribution the next financial year they are $15, 000 above what they are allowed to have, so they will get hit with an ...

Australia's finely balanced $376bn budget

ALEX DUNNIN  |  WEDNESDAY, 9 MAY 2012
... reforms in superannuation mean that around 3.6 million low income Australians will effectively pay no tax on their super guarantee contributions. Regardless of the politics of the budget, bond markets have already responded positively by lowering yields ...

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 ...