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

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
... is expected to have a profound impact on the superannuation sector, especially around wage payment and Superannuation Guarantee payment efficiency and transparency. In 2015-16, ATO compliance action resulted in 877 director penalty notices issued for ...

Industry fund recovers millions in lost super

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2016
... Australia that suggested around one third of Australian workers are not being paid some or all of the superannuation guarantee they're entitled to; a total of $3.6 billion in dodged payments each year. The report will form part of the organisations' ...

Industry funds lead Labor's super inquiry

DARREN SNYDER  |  MONDAY, 5 DEC 2016
... 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 one-third ...

CBA, Westpac put spotlight on financial exclusion

KERRIE SYDEE  |  MONDAY, 28 NOV 2016
... advisers on financial issues that impact women Support staff who are themselves experiencing violence Pay superannuation guarantee to eligible staff on paid and unpaid parental leave Continue to provide female employees with opportunities for professional ...

Pension systems and ageing populations at crossroads

DARREN SNYDER  |  MONDAY, 24 OCT 2016
... due to a reduction in the net replacement rate and partly related to the deferral of the rise in the superannuation guarantee contribution rate, Mercer said. Denmark maintained the top position for the fifth year with an enviable A-grade rating. The ...

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
... by issuing a warning: specifically, he said the government mustn't continue delaying and freezing the superannuation guarantee. "It is vital that we increase the SG," he said.

No progress on super wealth gap in 12 years

MARK SMITH  |  WEDNESDAY, 20 JUL 2016
... home by 2029. This reflects the increases in the minimum contribution rate since the introduction of the Superannuation Guarantee in 1992, which started at 3% of earnings, and was increased in steps over the subsequent 22 years to its current level of ...

Industry innovation is not coming from within: Sharp

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
... from 1 July next year becomes more efficient and transparent, with flow-on effects for the payment of Superannuation Guarantee payments. "My advice to fintech entrepreneurs is to build for known regulatory events, and remain flexible enough to accommodate ...

State governments must divest energy networks: CEDA

DARREN SNYDER  |  WEDNESDAY, 15 JUN 2016
... also recommending the introduction of pre-funding for healthcare costs by quarantining a portion of the Superannuation Guarantee rate so that about 3% is set aside to cover healthcare costs. It is one healthcare reform among four recommended by CEDA. ...