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Showing 1 - 10 of 11 results for "Super Guarantee increase"

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
The super industry has welcomed the Prime Minister's re-election promise that a Coalition government will lift the Superannuation Guarantee to 12% as legislated. The Prime Minister has said he "stands by" the currently legislated 12% increase and ...

More super, less tinkering: ASFA

CHLOE WALKER  |  TUESDAY, 29 MAR 2022
The Association of Superannuation Funds of Australia (ASFA) today released research which found 81% of Australians believe more money should be saved for their retirement, not less. When a full list of national issues were proposed to respondents, government ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... the minister giving an ironclad commitment that a re-elected coalition government would not alter the super guarantee increase in any way," ISA chief executive Bernie Dean said. He added his support for Labor's proposal to link super fund capital with ...

Government retirement modelling leaves women behind: ISA

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... bridge the gender gap in Australian retirement savings. "More women than men are likely to receive a super guarantee increase, so lifting the rate is a crucial part of the solution," Pinnell said. "And until we fix inequities in the super system, like ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... "While the detail of the 600-page report is yet to be assessed, some of the findings on the legislated super guarantee increase the government selectively released overnight seem ill-founded," ISA said. "The review states that super increases are at ...

ERS to lead to rising pension costs, higher taxes

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... expenditure would likely be funded by higher taxes. In light of this, the ISA argued that the promised super guarantee increase must proceed as legislated, so as to help rebuild workers' retirement balances. ISA chief executive Bernie Dean said it is ...

ISA, Grattan find common ground

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
Industry Super Australia has found some common ground with the Grattan Institute in regards to its report on the effects of the government's Early Release of Super (ERS) scheme. Part of Grattan's modelling found that millions who accessed the COVID-19 ...

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 reaffirms stance on super guarantee

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... 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 also be ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... SG would see Australians worse off in retirement. "Any attempt to wind back or freeze the legislated super guarantee increase should be seen for what it is - an undermining of Australians' quality of life at retirement," ISA deputy chief executive ...
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