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 9.5% of an employee’s salary, from July 2014.

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

SMSF trustees: Is your fund ready for SuperStream?

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If your SMSF receives super contributions from an employer, or employers, on behalf of SMSF members, then you need to ensure that your self-managed super fund is SuperStream-ready. Since 1 July 2014, employers with 20 or more employees must use the SuperStream standard, and all super funds, … [Read more...]

Unrestricted access to super, sometimes

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Q: I left Australia in 2001, but I was part of a super fund from about 1993/4. I see from your 14 legal reasons to cash your super article, that I may be able to access my restricted benefit. You write: "Cease employment and have certain pre-1999 super benefits. If you’ve been a member of a super … [Read more...]

Investment performance: 22 years of SG delivers 7% a year

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Since Superannuation Guarantee was introduced 22 years ago, the long-term return generated on the typical ‘balanced’ super fund account has been 7.2% a year, according to rating company, SuperRatings. Most Australian workers have their super money invested in a balanced investment option, which … [Read more...]

MySuper: 118 super funds now available

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Note: This article provides a complete list of official, authorised MySuper products. This list will be updated regularly if any additional MySuper products are authorised by the Australian Prudential Regulation Authority (APRA). This article last updated on 8 July 2014. Since 1 July 2013, super … [Read more...]

Super concessional contributions: 2014/2015 survival guide

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Superannuation contributions can be divided into two types — concessional (before-tax) and non-concessional (after-tax). Each type of super contribution is subject to a contributions cap. A contributions cap sets a limit on the amount of contributions you can make in any one year. If you exceed … [Read more...]

Double contributions tax for high-income earners

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Anyone earning more than $300,000 (including rental property losses and other items) now pays 30% tax on concessional contributions paid into a super fund, doubling the super tax bill for high-income earners. The regular contributions tax is a flat rate of 15%. Concessional contributions include … [Read more...]

Tax-deductible super contributions: Meeting the 10% income test

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Q: I work for myself but I also have a part-time job. I have been told that even though I receive SG from my part-time employer, I can also make tax-deductible super contributions. Is that true? And if it is true, how does it work? Individuals who are self-employed, or who are not employed, are … [Read more...]

Superannuation Guarantee: Many Aussies to miss out on SG increase

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You can expect some difficult conversations between employers and employees in coming months as some salaried employees discover that the Superannuation Guarantee (SG) increase of 0.25% (taking the SG rate to 9.5%) will not benefit those employees on fixed remuneration packages. As occurred … [Read more...]

Superannuation Guarantee: 10 facts about your SG entitlements

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If you work as an employee, and you satisfy certain minimum requirements, your employer must pay Superannuation Guarantee (SG) contributions on your behalf, to a super fund. Here is a list of 10 of the most important SG facts that you need to know: Your employer must make super contributions, … [Read more...]

Super for beginners, part 23: My pay changes every week. Am I paid the right super?

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Note: This Super for Beginners article is more complex than other articles in the beginner series but the topic is very important. If you work variable hours over a week, a month or a year, or you are paid per task done, or kilometres driven, then I encourage you to continue reading. Q: How can I … [Read more...]