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Showing 61 - 70 of 194 results for "Super guarantee"

SG amnesty deadline nears

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... retribution. "Super is a form of deferred wages and every bit as important to be paid, and paid in full," she said. "The super guarantee amnesty allows employers a one-off opportunity to come forward, pay or put a plan in place to pay, and set things ...

SG increase will be deferred: Knox

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... couple of years and believes while that wage growth remains subdued it will not be appropriate to increase the super guarantee. Cbus group executive brand, advocacy, marketing and product Robbie Campo acknowledged the current environment is tough, but ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... on the critical matters that will make our world-leading system even stronger." On early release of super and super guarantee, it noted: "When we add in Early Release Schemes [extended yesterday, at a budget cost of further $2.2 billion], it does suggest ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... economic recovery ahead. In particular, industry fund chief executives pushed for the now legislated increase to the super guarantee (SG) to continue full steam ahead, despite pressure from a coalition of backbenchers to freeze or dump the increase in ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
Industry Super Australia has labeled a band of MPs "out of touch", after they called for increases to the super guarantee to be put on ice or scrapped completely. Backbench coalition MPs have called for the legislated increase to the SG to be scrapped ...

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... around 38% or Australian workers in 2018 - appeared to show there is no one-to-one relationship with wages and the super guarantee, quashing arguments that an increase in mandated savings would ultimately result in a wage reduction to the same effect. ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... better-performing super funds, would boost retirement incomes "by more than other policies, including raising the super guarantee to 12%". According to Grattan, Australia's $30 billion annual super fee bill - which it pointed out is around 2% of national ...

ISA takes swipe at Grattan

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
Industry Super Australia (ISA) claims an increase in the super guarantee to 12% will increase consumption at a whole adult life level, as it takes a swipe at alternate modelling. In its submission to the Retirement Income Review (RIR), ISA said its ...

Higher super contributions make Aussies feel safer

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... annual household income into their super fund, meaning that an additional contribution of 1.5% p.a. above the super guarantee level contributes significantly to their peace of mind. "Even among lower income households, a slight increase in super contribution ...

SG increase will hurt women: NFAW

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
The National Foundation for Australian Women (NFAW) said increasing the super guarantee will hurt women and the age pension should remain a strong element of the retirement income system. In its submission to the Treasury the NFAW said the superannuation ...