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Showing 11 - 20 of 62 results for "SG contributions"

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... budget that will make a serious mark is the removal of the threshold below which employees would not receive SG contributions. While getting rid of this threshold may be a small boost to low-income workers, they will blaze a trail for the rest of the ...

Rest offers extra parental leave

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... superannuation contributions as part of their parental leave," she said. A newly released paper from KPMG recommended that SG contributions should be included in the Commonwealth Paid Parental Scheme so as to combat the widening super gender gap. Excluding ...

KPMG recommends super changes

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
KPMG says SG contributions should be included in the Commonwealth Paid Parental Scheme, among three recommendations to level the gender gap in the workforce. Its recently published paper Towards a more equal sharing of work says since the 1970s, the ...

SG verdict: Choose your own adventure

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... concludes that SG staying at 9.5% would mean that people keep more of their total remuneration as wages instead of SG contributions. It puts this at 2% higher working-life incomes, giving them "higher living standard in working life". "If people efficiently ...

Industry fund underpaid SG to staff

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
... to the letter, ACSRF enlisted KPMG to conduct a review of the payroll data up to 31 March 2018. The catch up SG contributions fall within the government's SG Amnesty which runs until September 8, after being passed earlier this year. This means the ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... Grattan bets on super tax, SG rate For Grattan Institute, the focus will be on superannuation tax breaks and SG contributions. Grattan Institute household finances program director Brendan Coates thinks differently on SG, not wanting an increase, telling ...

How Cbus is servicing early release requests

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... to the ERS legislation announcement and some liquid fixed income positions. Cbus also had access to incoming SG contributions and, pleasingly, from members who moved to cash as the markets fell but have started to move back into diversified options now. ...

More super funds will merge: QMV

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... unemployed, super funds without diversified member bases will face several problems at once - they will lose SG contributions, have fewer new members joining and have a large number of members withdrawing funds due to financial hardship. This is one ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... said today, the global economy will bounce back on the other side of this health shock," Fahy said. "Pausing SG contributions would rob Australians of the opportunity to capitalise on that recovery and to maximise their retirement savings" Meanwhile ...

Take pride in super: Rice Warner

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... people save more of their annual income given the mandatory requirement to contribute to superannuation, or do SG contributions simply substitute for savings that would have been made anyway?" Rice Warner said. "Secondly, does the superannuation system ...