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Showing 161 - 170 of 891 results for %22Superannuation Guarantee%22

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... now defunct work-for-the-dole program. "Similar work activities outside of the program would ordinarily attract superannuation," the Retirement Income Review acknowledged. And, while First Nations Foundation notes that Aboriginal and Torres Strait Islander ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... government is looking for excuses to break its promises. "Can I say with regard to the government's ongoing attacks on superannuation, this is a government that has never supported universal superannuation," Albanese said. "The fact is, we have a legislated ...

SG rise no real benefit to women: Review

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... earnings and workforce participation, the report states. But not everyone agrees. The Australian Institute for Superannuation Trustees said halting the increase to SG will see women, and low-income earners generally, suffer. "Low and many middle-income ...

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. ...

Club Plus announces insurance changes

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... days to 30 days. The lump sum insured amount for short term income protection is reducing from 90% of salary plus super guarantee (SG) to 80% of salary plus SG. The fund said the changes to short term income protection waiting periods and sum insured ...

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 ...