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Showing 31 - 40 of 179 results for "Super guarantee"

Super leaves gig economy behind

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... Institute report, which also found that even when they do make contributions, they are minimal when compared to the super guarantee that minimum wage workers enjoy. The average personal contribution by a gig economy worker was found to be between $500-$900 ...

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... suggestions from submissions on solving some of these problems include removing the $450 a week threshold for the super guarantee, lowering the age at which Aboriginal and Torres Strait Islander people can access their supper, increasing support for ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... opposition party, Industry Super Australia (ISA) and unions have criticised the Retirement Income Review and say the super guarantee (SG) must rise. Labor leader Anthony Albanese said the government is looking for excuses to break its promises. "Can ...

SG rise no real benefit to women: Review

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... Retirement Income Review has warned against increasing inequities already in the system, citing that a rise in the super guarantee would benefit men more than women. The review has stated that consideration should be given to whether the retirement income ...

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 ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... occurred, saying workers sacrificed their super for nothing. Workers never received a promised wage increase when the super guarantee was last cut, a comprehensive analysis of federal workplace agreements revealed. "When the super rate was last delayed ...

Amnesty unearths $588m unpaid super

KARREN VERGARA  |  MONDAY, 21 SEP 2020
... is subject to agreed payment plans for businesses facing hardship. "We know that in the past, calculating the super guarantee has been very complicated. The Superannuation Amnesty prompted honest businesses to take a look back through their records and ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... businesses may be experiencing difficulties. If they have been unable to pay on time it's important they lodge a super guarantee charge statement with the ATO as soon as possible." The spokesperson added that introducing Single Touch Payroll (STP) ...

ERS sees Cbus members forfeit TPD cover

ANNABELLE DICKSON  |  FRIDAY, 11 SEP 2020
... the committee Andrew Leigh questioned how Cbus members would be affected if the legislated 12% increase to the super guarantee does not come to fruition. Arter said it would be a very adverse outcome for members with Cbus modelling revealed its members ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... The report includes forecasts based on the present legislated scenario of small, incremental increases in the super guarantee and calls for a more efficient super system and stable policy settings. This includs sticking to the rate rises, to unlock additional ...