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Showing 261 - 270 of 468 results for "% Superannuation Guarantee"

Workers missing out on $147m in super: REST

EMMA RAPAPORT  |  THURSDAY, 16 FEB 2017
Less than one in ten Australians are aware of the $450 superannuation guarantee threshold according to new research from REST Industry Super. The Future of Work, a whitepaper commissioned by REST to understand the different expectations of employers ...

Half of Australian households will be retire ready

EMMA RAPAPORT  |  TUESDAY, 7 FEB 2017
About half of Australian households are expected to have enough saved for a comfortable retirement, according to the latest CommBank Retire Ready Index. The report, which bases their comfortable retirement standard on the Association of Superannuation ...

Bus operator fails to pay super

EMMA RAPAPORT  |  MONDAY, 30 JAN 2017
A Gold Coast tour bus operator accused of failing to pay the superannuation guarantee to two workers from non-English speaking backgrounds will face court over thousands of dollars of alleged underpayments. A driver for AVA Travel contacted the Fair ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
Industry superannuation funds are blaming inadequate compliance measures by the Australian Taxation Office for the chronic underpayment of super contributions by employers. At a Senate inquiry in Melbourne today, Industry Super Australia (ISA) stated ...

Industry fund recovers millions in lost super

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2016
An industry superannuation fund recovered more than $5 million in lost super for members in the three months to September 2016. Vision Super reunited 236 of its members with lost super in the quarter and consolidated multiple accounts of 85 members ...

Industry funds lead Labor's super inquiry

DARREN SNYDER  |  MONDAY, 5 DEC 2016
Industry superannuation funds are taking charge of the discussion around a new Senate inquiry aiming to address superannuation guarantee non-payments. Cbus and Industry Super Australia have released a report that suggests about 2.4 million or about ...

CBA, Westpac put spotlight on financial exclusion

KERRIE SYDEE  |  MONDAY, 28 NOV 2016
Commonwealth Bank and Westpac have launched their first Financial Inclusion Action Plans in a bid to help those experiencing financial exclusion. The FIAP program, led by Good Shepherd Microfinance in partnership with the Centre for Social Impact, EY ...

Pension systems and ageing populations at crossroads

DARREN SNYDER  |  MONDAY, 24 OCT 2016
Mercer senior partner David Knox is warning increased pressure will be placed on global retirement systems if government policies do not adapt to ageing populations and declining birth rates. Knox fired the warning as the 2016 Melbourne Mercer Global ...

Super guarantee of 12pct a mistake

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
... working for 40 years, and account for just compulsory super contributions, we find that today's 9.5% Superannuation Guarantee and the Age Pension would provide the average worker with a retirement income equal to 79% of their pre-retirement wage," the ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
Shadow Treasurer Chris Bowen said Treasurer Scott Morrison ignored his warnings that Australia was in danger of losing its AAA credit rating. At the 2016 FSC Leaders Summit in Melbourne, Bowen said that the Coalition has repeatedly ignored warnings ...