Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 465 results for "% Superannuation Guarantee"

Small fee increases cost nest eggs $77k: Vanguard

KARREN VERGARA  |  WEDNESDAY, 24 JUN 2026
... salary of $83,200, retiring at age 67. Both scenarios assumed a 6.4% nominal annual investment return, Superannuation Guarantee contributions of 12%, and standard tax and life insurance costs of $1733. The only difference was fees from one account charged ...

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers. Under current ...

GESB loses another key executive

JAMIE WILLIAMSON  |  MONDAY, 13 APR 2026
GESB's chief corporate services officer has left the fund after just one year in the role. Anthony Cribb joined GESB last year in the newly created executive position, tasked with overseeing the GESB corporate services business unit, including legal ...

Australian Ethical unveils strong half-year results

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
Australian Ethical saw underlying profit after tax (UPAT) increase by 25% to $14.4 million in the six months to December end, while net profit after tax (NPAT) attributable to shareholders was $13.3 million, up 42%. Revenue of $65.8 million was up 13% ...

A comfortable retirement now costs more than ever

RIDDHIMA TALWANI  |  TUESDAY, 24 FEB 2026
The cost of comfortable retirement for homeowners at age 67 has reached a record high, according to ASFA's latest quarterly Retirement Standard. A comfortable retirement super balance is now $630,000 for singles, up from $595,000. Couples would ...

Treasury seeks feedback on major super tax reform

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
Treasury is seeking industry feedback on the proposed reforms that aim to reduce tax concessions under Division 296 "enjoyed by individuals with large superannuation balances." The proposed changes centre on applying a 30% tax rate on earnings from ...

Increases coming for veterans' superannuation

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
The government is increasing payments related to the Defence Force Superannuation Benefits program, Treasurer Jim Chalmers confirmed in the mid-year economic and fiscal outlook (MYEFO). Treasury said payments related to the Defence Force Superannuation ...

'Outdated' law gating teenagers from thousands of dollars in super: Industry

MATTHEW WAI  |  THURSDAY, 11 DEC 2025
The super industry is urging the government to scrap the "outdated" law that denies super to most under-18 workers, which is also increasing the gender gap and costing women up to $11,000 at retirement. The new analysis comes as a Pyxis survey found ...

Rest launches clearing house solution

ELIZA BAVIN  |  WEDNESDAY, 3 DEC 2025
... Payday Super requirements will commence on 1 July 2026, requiring employers to pay their employees' superannuation guarantee contributions at the same time as their salary and wages, rather than once every quarter. The reforms were announced as part ...

Delaying reforms to YFYS test, RG97 costing members: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 19 NOV 2025
Retirees may be as much as $20,000 worse off at retirement due to the Your Future, Your Super performance test and RG97, a new report suggests. It could also be costing the country up to 140,000 jobs, the Australian Investment Council and Mandala say. ...
PREVIOUS
NEXT