Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 468 results for "Superannuation Guarantee"

Clearing house legislation reaches Parliament

MEDIA RELEASE  |  THURSDAY, 11 FEB 2010
... contribution processes, for instance. "The amendments contained in the Bill allow employers to discharge their superannuation guarantee obligations by paying to the approved clearing house," said minister for small business, Craig Emerson. According ...

Retirement savings shortfall worsens: IFSA

COMPANY RELEASE  |  MONDAY, 1 FEB 2010
... comfortable retirement," Brogden said. Meanwhile ING Australia has welcomed IFSA's call to raise the superannuation guarantee contribution to 12 per cent. "Most Australians have inadequate savings for retirement. ING Australia supports any actions that ...

Retirement savings gap to reshape Aussie workforce

MICHELLE BALTAZAR  |  WEDNESDAY, 27 JAN 2010
... working lifetime of full super contributions. For example, their own research found the average annual Superannuation Guarantee (SG) rate for most Australian workers over the age of 50 is less than 5 per cent. The organisation has long called for a fairer ...

Clearing house model to be multi competitive: Tsy

ALEX DUNNIN  |  FRIDAY, 27 NOV 2009
... yesterday. The draft legislation also confirms how employers will have satisfied their obligations under the Superannuation Guarantee as soon as they have made their payment to any such "approved" clearing house. The implication is that clearing houses ...

Retirement savings only last a few years

RUTH LIEW  |  WEDNESDAY, 25 NOV 2009
... Trustees. Meanwhile ASFA has called for the government to scrap the $450 a month minimum threshold for Superannuation Guarantee payments because of its negative impact, particularly on women's super balances. "Too many Australian women will face an uncertain ...

Super about national not personal savings: Morgan

RUTH LIEW  |  WEDNESDAY, 11 NOV 2009
... we need to remember that concern about Australia's national savings rate was a prime motivator of the superannuation guarantee levy in the first place. But with Australia's current account deficit rising due to the GFC and continued pressure on the federal ...

Super at the edge of abyss: ASFA

RUTH LIEW  |  THURSDAY, 4 JUN 2009
... tax concession wind backs, along with a preliminary report of the Henry Tax Review which flagged the superannuation guarantee will not be increased from its 9 per cent. "I don't think we can underestimate the combination of the Budget announcement and ...

Raise SG to 15 pc: report

MICHAEL HOBBS  |  TUESDAY, 26 MAY 2009
A survey found that seven out of 10 working Australians believe that their Superannuation Guarantee (SG) contributions should be raised to 15 per cent, lending support to industry associations that have long lobbied for higher SG. Mercer's SG Opinion ...

What-if scenarios bring Budget blues

MICHELLE BALTAZAR  |  MONDAY, 11 MAY 2009
... said Elvy. That is, people re-assess the "three pillars" of retirement: voluntary contributions, the superannuation guarantee (SG) and social security - and look at ways of changing the balance between the three when it comes to which one they will substantially ...

Gilbert to retire

MICHAEL HOBBS  |  THURSDAY, 9 APR 2009
... Superannuation. During this time, he wrote 12 committee reports including one on the implementation of the Superannuation Guarantee, greater disclosure of commissions by life insurance agents and what would later become the SIS Act. Gilbert then joined ...