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Showing 1 - 10 of 18 results for "Superannuation Guarantee rate"

Treasury seeks feedback on major super tax reform

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
... tax-free threshold. The maximum LISTO amount will be increased from $500 to $810 to reflect the Superannuation Guarantee rate of 12% per cent. Treasury said this will support low-income workers to build retirement savings by ensuring they receive a fairer ...

Super on paid parental leave to reduce gender gap: ASFA

ANDREW MCKEAN  |  MONDAY, 30 JUN 2025
... however, another win for all superannuation account holders coming tomorrow is the increase of the superannuation guarantee rate from 11.5% to 12%. ASFA projections show that the increase will see an additional $20,000 added to the superannuation savings ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... who typically have a lower life expectancy, the report notes. It has also recommended freezing the Superannuation Guarantee rate to save $1.2 billion a year. Grattan said stopping the planned increases would also stop people from over saving for retirement ...

Super funds must unlock diversification opportunities: HSBC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
... data shows that funds hold 45% of investments offshore, up from 30% a decade ago. As the mandatory Superannuation Guarantee rate is set to increase to 12% by 2025, Wheeler anticipates that this trend toward internationalisation will accelerate. Offshore ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing Adequate ...

SG rise to benefit 6.7m Australians: ISA

KANIKA SOOD  |  FRIDAY, 2 JUL 2021
The new superannuation guarantee rate of 10% will benefit 6.7 million workers, with the younger and lower-income Australians to benefit the most, according to Industry Super Australia. ISA says the average worker will contribute $233 a year extra to ...

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... contributions threshold. The Commission wants the inquiry to be completed before any increase in the Superannuation Guarantee rate. Finally the report recommends the Government to legislate all APRA-regulated funds be required to undertake annual outcomes ...

State governments must divest energy networks: CEDA

DARREN SNYDER  |  WEDNESDAY, 15 JUN 2016
... recommending the introduction of pre-funding for healthcare costs by quarantining a portion of the Superannuation Guarantee rate so that about 3% is set aside to cover healthcare costs. It is one healthcare reform among four recommended by CEDA. CEDA ...

Aussies unsure about super contributions

DARREN SNYDER  |  WEDNESDAY, 25 MAY 2016
More than 70% of Australians don't know the superannuation guarantee rate, highlighting a difficulty in producing comfortable retirements as people are unaware of what they're contributing in the lead up. Sunsuper's 2016 Australian Employee Insights ...

FSC reveals six-point super plan

ALEX BURKE  |  MONDAY, 29 FEB 2016
... of the budget cycle, stop the tinkering"; "Define its purpose and make it law"; and "Increase the superannuation guarantee rate to 12% by 2022". These are followed by: "Encourage people to save voluntarily beyond the 12% guarantee - by maintaining contribution ...
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