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Showing 51 - 60 of 167 results for parental

Active Super enhances parental leave policy

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
Employees of Active Super will now receive superannuation guarantee payments for up to 12 months while on parental leave, with the super fund also extending its paid entitlements. In an effort to help bridge the gender super gap, the industry fund will ...

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... workforce to raise children. But the super fund took issue with the fact that far too few women aren't being paid super on parental leave. Parental leave is the only type of paid leave that does not attract the super guarantee and the government does ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... chief executive Deanne Stewart said the Budget short-changed women, saying paying the Super Guarantee on top of paid parental leave and adjusting the Low-Income Superannuation Tax Offset (LISTO) to ensure low-income earners don't pay more tax on their ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... Koala habitats were devastated by the fires of 2019 and 2020, and their populations have not recovered. Changes to paid parental leave The superannuation lobby did not get its wish for super to be paid on Commonwealth Paid Parental Leave, but the Treasurer ...

Budget aims to please women

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... health, safety and economic success. Most notably, the government has committed to modernising the Commonwealth Paid Parental Leave scheme - which currently allows a mother and partner to take 10 weeks of paid leave each. Under the updated scheme, single ...

Excise tax, super top budget worries

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... out that as this is a pre-election budget, while the Morrison government might not have the will to consider super on parental leave, it could become an election issue as groups, such as ISA continue lobbying. Holden adds: "I think it's popular with ...

Childcare key to super gap

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... children. That's because childcare costs gobble up any income from paid work and far too many mums don't get paid super on parental leave," ISA advocacy director Georgia Brumby said. "Making childcare more affordable will boost retirement savings, slash ...

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... Women's Day 2022, Industry Super Australia asked why neither major political party is committing to mandating super on parental leave. ISA calculates that in total women lost $1.86 billion in super contributions since the Commonwealth Paid Parental Leave ...

Super baby bonus could end inequality

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
A baby bonus paid into the superannuation accounts of women who go on parental leave combined with paying super during their time off could address the significant gap between the retirement savings of men and women. According to numbers from the Association ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... vulnerable to poverty as they age," she said. The next step is to further lobby for SG contributions to continue while on parental leave. The removal of the threshold was contained in Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians ...