Changes to Superannuation From 1 July 2021

superannuation australia

What is Superannuation Guarantee? The Superannuation Guarantee (SG) is the minimum percentage of each eligible employee’s ‘ordinary time earnings’ that an employer must contribute to an employee’s complying super fund. This percentage is legislated by the Federal Australian Government and is administered by the Australian Taxation Office. The current SG percentage rate is 9.5% of […]