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Search ResultsShowing 1 - 10 of 100+ results for "Superannuation Guarantee"
ISA calls for super tax reform
ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... than 700,000 women. "The LISTO was aligned with the tax-free threshold and 19% tax bracket and matches superannuation guarantee contributions - but the tax cuts have moved those brackets up the scale," ISA said. "But the LISTO rate has stalled at $37,000 ...
No evidence lower SG will result in higher wages: ACTU summit
ELIZA BAVIN  |  MONDAY, 28 SEP 2020
... The Morrison government has been labelled cruel for considering postponing the legislated rise to the superannuation guarantee by those speaking at the ACTU Emergency Super Summit. Executive director at Per Capita, Emma Dawson said indication that a ...
Amnesty unearths $588m unpaid super
KARREN VERGARA  |  MONDAY, 21 SEP 2020
... underpaying staff approximately $588 million in superannuation, with many coming forward before the September 7 Superannuation Guarantee Amnesty deadline. The office of Senator Jane Hume, Assistant Minister for Superannuation, Financial Services and ...
Westpac scraps SG direct debits
KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... lack of automation could potentially worsen the unpaid super problem. On September 4, employers paying superannuation guarantee (SG) contributions had to switch payment methods to either Electronic Funds Transfer or BPAY, as Westpac considered it impracticable ...
Super fund gets ahead of CIPR obscurity
KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... Warner reveals how changing superannuation policies will have a fiscal impact. For instance, freezing the superannuation guarantee at 9.5% will have a modest budget benefit in the short term via higher taxation revenue, but over time will be offset by ...
Increased SG equals increased fees: Research
ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
New research from the University of Sydney suggests that raising the superannuation guarantee to 12% will send fees through the roof. The study conducted by Cameron Murray, economist and research fellow at the University of Sydney, found that increasing ...
SMSF member increase bill reintroduced
ANNABELLE DICKSON  |  THURSDAY, 3 SEP 2020
... Your Choice bill which passed last week allowing employees the choice about which fund receives their superannuation guarantee. "It not only affected younger people but also older members transitioning to retirement who might have an SMSF. A typical ...
Super remains grossly inequitable: Per Capita
ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... universal superannuation is among the world's best retirement savings scheme, and the introduction of the Superannuation Guarantee in 1993 was by far the greatest policy intervention to improve retirement incomes for women," it said. "It is imperative ...
AIST calls for top-ups for low-income ERS recipients
ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... billion, equating to $83.8 billion in lost investment earnings and an estimated $16.4 billion in lost superannuation guarantee contributions. AIST has recommended the superannuation co-contribution rate and threshold be increased, the removal of the ...
Sunsuper announces investment, insurance changes
ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... announced from 1 October those on the Sunsuper for life Corporate and Business plans will no longer require a superannuation guarantee contribution to receive cover.
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