Superannuation Guarantee (SG)

Superannuation Guarantee (SG) is the official term for compulsory superannuation contributions made by employers on behalf of their employees.


An employer, regardless of whether they are a small or large business, must contribute the equivalent of 9.25% of an employee’s salary, from July 2013 (previously the SG percentage was 9%). Note that effective from July 2014, the SG percentage is set to increase to 9.5%.

Set out below are all SuperGuide articles explaining Superannuation Guarantee (SG).

Why Australians don’t make extra super contributions

By Jun Feng, Monash University; Hazel Bateman, and Paul Gerrans, University of Western Australia Australians are increasingly relying on superannuation for their retirement income, but despite more than 20 years of compulsory super, many people are not retiring with enough. The assets under … [Read more...]

MySuper: 117 super funds and counting…

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Note: This article provides a complete list of official, authorised MySuper products. This list will be updated regularly as new MySuper products are authorised by the Australian Prudential Regulation Authority (APRA). This article last updated on 19 March 2014. From 1 July 2013, super funds can … [Read more...]

Transition-to-retirement pension: Can I work full-time and what form do I fill in?

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Q: Your website says: “By starting a TRIP, you don’t have to retire to withdraw your super benefits. You can work part-time or full-time or even casually.” But on the TRIP form I have from my super fund it says I have to be permanently retired or be working part time. Which is correct? I can’t see … [Read more...]

TRIPs: 10 interesting facts about transition-to-retirement pensions

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Note: The general concessional contributions cap is increasing to $30,000 (from $25,000), effective from 1 July 2014. The special $35,000 cap for over-60s will also apply to over-50s from 1 July 2014 (or more specifically, to anyone who is aged 49 years or over on 30 June 2014). An increase in the … [Read more...]

A quick summary: 2013/2014 Mid-Year Economic and Fiscal Outlook

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Say goodbye to the promised Budget surplus by 2016/2017, one of the many carrots the Coalition used to get Australians to vote for them in the September 2013 election. According to Federal Treasurer, Joe Hockey, the budget blowout is because… everything is Labor’s fault. Hockey claims the Coalition … [Read more...]

Liberal Party’s superannuation to-do list (updated)

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The Liberal Party and National Party Coalition are now in government and the superannuation agenda has shifted slightly, although the LNP has not yet confirmed all of its pre-election superannuation policies. Outlined below is a quick recap of the LNP’s position on current and proposed … [Read more...]

Scrooge alert! Low-income earners hit with extra super tax

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With a Dickensian flourish, ill-timed before Christmas, the federal government is hell-bent on repealing a superannuation policy that made super more equitable for those Australians earnings less than $37,000. The Liberal government is abolishing the Low Income Super Contribution (LISC) which … [Read more...]