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Search ResultsShowing 1 - 10 of 100+ results for "Super guarantee"
Amnesty unearths $588m unpaid super
KARREN VERGARA  |  MONDAY, 21 SEP 2020
... is subject to agreed payment plans for businesses facing hardship. "We know that in the past, calculating the super guarantee has been very complicated. The Superannuation Amnesty prompted honest businesses to take a look back through their records and ...
Westpac scraps SG direct debits
KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... businesses may be experiencing difficulties. If they have been unable to pay on time it's important they lodge a super guarantee charge statement with the ATO as soon as possible." The spokesperson added that introducing Single Touch Payroll (STP) ...
ERS sees Cbus members forfeit TPD cover
ANNABELLE DICKSON  |  FRIDAY, 11 SEP 2020
... the committee Andrew Leigh questioned how Cbus members would be affected if the legislated 12% increase to the super guarantee does not come to fruition. Arter said it would be a very adverse outcome for members with Cbus modelling revealed its members ...
Industry funds pledge $33bn for economy
ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... The report includes forecasts based on the present legislated scenario of small, incremental increases in the super guarantee and calls for a more efficient super system and stable policy settings. This includs sticking to the rate rises, to unlock additional ...
ERS to lead to rising pension costs, higher taxes
ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
... Pension 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 ...
Labor says yes, economists say no to SG rise
ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... Ministers Kevin Rudd and Paul Keating have slammed the possibility the Liberal party may ditch the planned rise to the super guarantee as economists warn against it going ahead. Speaking at a socially distanced press conference, Rudd in Brisbane and ...
Female access to ERS to widen gender super gap
ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... AIST and Women in Super have made a number of recommendations including maintaining the legislated timetable for super guarantee to increase to 12%, payment of super on government paid parental leave and the removal of the $450 monthly threshold before ...
AIST calls for top-ups for low-income ERS recipients
ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... recommended the superannuation co-contribution rate and threshold be increased, the removal of the $450 minimum super guarantee threshold and super on paid parental leave. Without these recommendations put in place, there is a risk of a wider super gap ...
ISA, Grattan find common ground
ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... value relative to community living standards," ISA said. "It claims all workers continuously receiving the full super guarantee in every year of their working life, despite research showing almost one in three eligible workers are being underpaid their ...
SG amnesty deadline nears
ALLY SELBY  |  THURSDAY, 6 AUG 2020
... retribution. "Super is a form of deferred wages and every bit as important to be paid, and paid in full," she said. "The super guarantee amnesty allows employers a one-off opportunity to come forward, pay or put a plan in place to pay, and set things ...
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