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Showing 81 - 90 of 194 results for "Super guarantee"

Women overlooked by retirement income review

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... Scheerlinck said. "This means women are more impacted by flawed policy such as the $450 monthly threshold for Super Guarantee payments. "This needs to be removed and would be an easy win. Similarly, women would benefit if super was applied to parental ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... opportunity to work with the government to maximise the efficiency of the system ahead of the legislated increase to the super guarantee," ISA chief executive Bernie Dean said. "This review provides an important opportunity to build on the reform priorities ...

ATO to crack down on SG non-payment

KRISTI CHENG  |  TUESDAY, 27 AUG 2019
... Office will start using Single Touch Payroll (STP) system data to identify and warn employers on non-payment of super guarantee, according to ATO deputy commissioner James O'Halloran. Speaking at the 2019 ASFA National Policy Roadshow, ATO deputy commissioner ...

Australians demand SG increase: ISA

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
... "Australians are rightly concerned about their retirement and whether they will be able to make ends meet. Freezing the super guarantee will force Australians to work longer, and increase the burden on the pension," Dean said. "Our superannuation system ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
The superannuation sector is in a spin over the super guarantee, despite the Government committing to its legislated increase to 12%. In a media release, the peak-body for industry superannuation, Industry Super Australia, fired a shot across the Government's ...

Grattan Institute chief retires

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... has commences the search for a new chief executive. This comes after Grattan and Daley argued that lifting the super guarantee would hurt middle-income earners. That claim led to Grattan being criticised by Industry Super Australia and the Association ...

Grattan SG claims slammed by industry bodies

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... undermine the Superannuation Guarantee. "Despite releasing research only a few weeks ago that claimed increasing the super guarantee to 12 per cent would not ease the burden on the age pension, today they are claiming that an increase will leave workers ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... part of their superannuation to pay off their mortgage debt late in life that will undermine that goal of the super guarantee." Wood said that for individuals, going into retirement with a significant mortgage yet to pay off presents a couple of risks. ...

Lax regulation worsens lost super benefits: ISA

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... drivers have collectively missed out on more than $800 million in super. The report found the "cumulative damage" of super guarantee underpayment arises because of the weak enforcement action by the ATO on employer compliance. This is a combination of ...

Income only falls by 11% in retirement: Grattan

KANIKA SOOD  |  TUESDAY, 16 APR 2019
... which could be worth more than $1400 a year for a single retiree, it said. "The main beneficiaries from a higher Super Guarantee would be high-income workers who would benefit from further super tax concessions," Grattan said. "Retirement incomes for ...