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Showing 71 - 80 of 194 results for "Super guarantee"

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... did pass in 2019, Treasury Laws Amendment Bill 2019 was passed into law on 2 October 2019. This introduces the Super Guarantee opt-out which allows workers with multiple employers to opt-out by applying for an employer shortfall exemption certificate ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ...

ISA reaffirms stance on super guarantee

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... person," ISA said. "For an average 30-year-old couple working full time, detailed modelling shows cutting the super guarantee increase would deprive them of up to $200,000 in super by the time they retire." ISA argued that pressure on the pension would ...

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... superannuation guarantee. In a new research paper, Grattan claims workers "overwhelmingly" pay for increases to the super guarantee through lower wages. According to the institute's new No free lunch report, higher super translates to lower wages. Using ...

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
... choice and control for Australians in retirement was for the government to "deliver on its promise to increase the super guarantee to 12%." "These results are based on a fantasy world with no benchmarks to reality. They are flawed and misleading," ISA ...

Pay jockeys super: Federal Court

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
... state racing boards are required to pay superannuation for jockeys. The court upheld the Australian Tax Office's super guarantee charge assessments in regards to riding fees paid to jockeys during the period 1 July 2009 to 30 June 2014. ATO deputy commissioner ...

FSC hails super choice amendments

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... Representatives, and said the changes - which will allow up to one million Australians to choose the fund their super guarantee entitlement is paid into - were vital. "It's unacceptable that even today, when there is so much pressure on super funds to ...

Consultation opens for retirement income review

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... having to work until they drop and lessen the burden on younger generations. "With the legislated increase in the super guarantee on the way, we need to make sure the system is as efficient as possible to make sure Australians get the maximum benefit ...

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... income] review may be used by some to advocate for adverse outcomes, such as freezing the planned increase in super guarantee, or dismantling compulsory super for young people or those on low incomes - a fallacious argument for wage increases," he sa ...

Defined benefits robbed women: Kelty

ELIZABETH MCARTHUR  |  FRIDAY, 25 OCT 2019
... proposed solution for fixing the super system for people in part time work or who have low incomes is increasing the super guarantee to 12% or Kelty's original historical proposal of 15%. "The only thing I would be really interested in in terms of ...