Boost your super

Boost your super covers how much your employer must pay into your superannuation fund, how much you can contribute, the tax-free bonus the Government gives you, contribution strategies and everything you need to know about making personal superannuation contributions.

Boost your super also has special sections on Superannuation Guarantee (SG), Co-contributions and Salary Sacrifice


Below are some of our key Boost your super articles:

Set out below are all SuperGuide articles explaining Boost your super.

Super fees: Top 10 cheapest funds in Australia

Pixmac000081240937-money-640x430__1352841050_58.175.48.125

Note: This article contains the latest available fee information as at September 2014. In this article you can find the cheapest super funds and the cheapest pension funds. We update this article periodically with fee data issued by SelectingSuper rating company. Latest update was September 2014, … [Read more...]

Superannuation Guarantee increased to 9.5% for 2014/2015 year, then stalls for 7 years

Storm_2535020_c

From 1 July 2014, the Superannuation Guarantee rate increased to 9.5% (from the 9.25% that applies for the 2013/2014 year). Based on new laws, the SG rate will remain at 9.5% for 7 years, increasing to 10% from July 2021, and eventually to 12% from July 2025 (see table below). Superannuation … [Read more...]

Super tax refund for lower-income earners available until 2016/2017 year

axed_19019187_c

NOTE: The Coalition government has extended the Low Income Super Contribution for another 4 years, as part of a parliamentary deal to secure passage of the repeal of the Mineral Resource Rent Tax. Under the new legislation, the LISC is now payable for the 2012/2013, 2013/2014, 2014/2015, 2015/2016 … [Read more...]

Liberals slow down SG increase until July 2025

backflip_8228182_c

Note: From 1 July 2014, the Superannuation Guarantee rate increased to 9.5% (from the 9.25% that applies for the 2013/2014 year). Due to recent changes in the law, the SG rate will remain at 9.5% for 7 years, increasing to 10% from July 2021, and eventually to 12% from July 2025. See table near end … [Read more...]

Superannuation tax refund: 10 things you should know

10thingsyoushouldknow.009

NOTE: The Low Income Super Contribution for low-income earners is available until the 2016/2017 financial year (until 30 June 2017). Originally, the Coalition government planned to repeal the LISC after one year of operation, that is, it was expected to only apply for the 2012/103 year. Due to … [Read more...]

Low-income earners enjoy super tax reprieve for 5 years

joe-hockey

Note: The Coalition government has been forced to extend the Low Income Super Contribution for another 4 years, in addition to the LISC applying for the 2012/2013 year. Due to parliamentary negotiations to secure passage of the repeal of the Mineral Resource Rent Tax, the LISC is now payable for the … [Read more...]

Super funds gain 1% for month of August 2014

onepercent_48417551_c

The median superannuation growth fund gained 1% in value for the month of August 2014 (following 1.2% for July, and reinforcing the strong return of 12.8% for the 2013/2014 year), according to rating company Chant West. Listed shares and property, in particular global shares and property, delivered … [Read more...]

Divorce and superannuation: Who gets what?

Pixmac000084567636_divorce

Q: I am at the end of a divorce/property settlement. My ex has agreed to give me my share of his super. Does this have to go into a superannuation fund or can he transfer it to me in some other way? And can you please explain how super should be treated when a divorce happens, because it has been … [Read more...]