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Showing 1 - 10 of 30 results for "Super Bill"

SMEs prepare for Payday Super cashflow crunch

RIDDHIMA TALWANI  |  FRIDAY, 9 JAN 2026
... Chalmers said the reforms will help stop "disreputable" employers from exploiting their employees, with the unpaid super bill currently sitting at over $5 billion. Treasury said the reform is designed to make it easier for employees to spot missed contributions ...

Stop delaying Payday Super laws, says SMC

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
With Australia's unpaid super bill growing by $110 million each week, a survey from Super Members Council (SMC) shows 70% of Aussies want to see the payday super laws implemented as scheduled. Payday super laws are slated to come into effect on 1 July ...

Lost super bill sits at $18bn: ATO

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
Despite the Australian Taxation Office's best efforts, there is still close to $18 billion in superannuation yet to be reunited with those who earned it. That's according to the latest figures, which show there's currently $17.8 billion in lost and ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
Independent MPs have called for urgent amendments to the Better Targeted Super Bill, particularly regarding the proposed taxation of unrealised gains. The controversial legislation introduces a 30% tax rate for superannuation earnings exceeding $3 million ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Treasurer Jim Chalmers has tabled a new bill in Parliament to legislate an objective of superannuation, aimed at securing a dignified retirement for more Australians. The Superannuation (Objective) Bill 2023, which was introduced to Parliament yesterday ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... and to establish improved recovery targets. Of note, the ATO currently recovers only around 12% of the annual unpaid super bill, often having to wait three months before addressing unpaid super complaints. ISA responded the government's initiative ...

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... could easily fix this problem at its source, the ATO needs to do better than just recovering a dismal 15% of the unpaid super bill each year." Dean concluded: "Labor's commitment to beef up ATO compliance and make it easier for workers to recover ...

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
The House of Representatives passed hotly-debated Your Future, Your Super bill last night, with Labor getting away with just one of the amendments on its wish list. Best Financial Interest Duty's proposal to give ministers the power to ban superannuation ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
Stapling is expected to be the thorn in the Liberals' side when the Your Future, Your Super bill hits parliament next week, as shadow treasurer Stephen Jones digs his heels in on the start date and exclusions for members in hazardous occupations. ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... billion super fund is advocating for a top 10 best-in-show MySuper list to be embedded in the pending Your Future Your Super bill. He told yesterday's Senate Economics Legislation Committee discussing the new legislation that members must be protected ...
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