Superannuation guarantee rate changes

What is the prescribed superannuation guarantee rate payable? This superannuation guarantee rate changes were proposed in the 2014 Federal Budget. The Government has amended the program for increasing the superannuation guarantee rate (the SG Rate) to 12%. It should not be unexpected that further changes could be introduced if a government with a different superannuation guarantee agenda is elected. The superannuation guarantee system was introduced in 1992: for more detail on [...]

By |2020-08-05T16:09:14+10:00May 14, 2014|Superannuation Strategies|0 Comments

Critical Superannuation Guarantee Obligations Dates

Superannuation Guarantee Obligation refinements under Modern Awards legislation From a Superannuation viewpoint, there are perhaps two critical dates to be considered when determining whether there will be an impact on the way you manage your superannuation guarantee obligations to employees going forward: they are - 1 January 2010: this is the date on which The Fair Work Act 2009 specified as the date on which Modern Awards would be effective. [...]

By |2019-07-16T10:52:04+10:00February 9, 2010|General|0 Comments

Superannuation guarantee matters

The information in this Superannuation Guarantee article replaces our original post from December 2009 and is largely drawn from the WorkplaceInfo website, who in turn, acknowledge that it is based on writings by Shirley Murphy, a Tax and Superannuation Consultant. What is the Superannuation Guarantee scheme? The Superannuation Guarantee (SG) is a compulsory system of superannuation support for Australian employees, paid for by employers. The system was introduced in 1992. [...]

By |2021-07-03T17:55:56+10:00December 13, 2009|General, Superannuation Strategies|Comments Off on Superannuation guarantee matters
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