SuperGuide

Superannuation and retirement planning information

March 2023 Super booster newsletter

Welcome to our first ever Super booster newsletter. If you missed our announcement, we are splitting our monthly newsletter into four topic-based newsletters – Super booster, Retirement planner, Retiree and SMSFs.

Learn more about the changes to SuperGuide newsletters and subscription plans here.

What are lifecycle super funds, and how do they perform?
Lifecycle funds are designed to reduce risk as you near retirement without sacrificing returns; recent research shows many do just that but you need to know what to look for. Read more.
What are lifecycle super funds, and how do they perform?
Lifecycle funds are designed to reduce risk as you near retirement without sacrificing returns; recent research shows many do just that but you need to know what to look for. Read more.
Super news for March 2023
Mixed response to super tax hike, Call to close gender super gap, Super consumer protections beefed up, ASIC clamps down on greenwashing, Latest SMSF statistics. Read more.
Super news for March 2023
Mixed response to super tax hike, Call to close gender super gap, Super consumer protections beefed up, ASIC clamps down on greenwashing, Latest SMSF statistics. Read more.
Super fund performance: Monthly returns to March 2025
President Trump’s tariff chaos continued to wreak havoc on global share markets in March, putting a dent in super fund returns although they remain positive for the financial year to… Read more.
Super fund performance: Monthly returns to March 2025
President Trump’s tariff chaos continued to wreak havoc on global share markets in March, putting a dent in super fund returns although they remain positive for the financial year to… Read more.
Protecting your super from cyber attacks and scams
Super scams are increasingly sophisticated and on the rise so it pays to learn how to detect and avoid them. Read more.
Protecting your super from cyber attacks and scams
Super scams are increasingly sophisticated and on the rise so it pays to learn how to detect and avoid them. Read more.
Top-performing sustainable super funds (to June 2024)
Sustainable funds delivered strong returns last financial year, comparing favourably with their non-sustainable peers. Read more.
Top-performing sustainable super funds (to June 2024)
Sustainable funds delivered strong returns last financial year, comparing favourably with their non-sustainable peers. Read more.

SuperGuide members Q&A webinar: 1st Quarter 2023

Thursday 23 March. 11.00am AEDT

In this webinar super expert Garth McNally will answer recent questions from SuperGuide members.

Find out more

Tip of the Month

Insurance cover in your super provides valuable financial protection for you and your family, and the premiums don’t need to hit your hip pocket.

Avoid regrets later and read more about insurance in super.

Q&A of the Month

Q: Do you have any information on whether superannuation is payable on overtime?

Also, my employer has been paying my superannuation late every month. What are their obligations to pay it on time? Can they be penalised? And who can I escalate a complaint to?

A: In 2022–23, the SG contribution rate is 10.5% of your ordinary time earnings (OTE) and is paid on top of your wages or salary.

Your OTE is usually the amount you earn for your ordinary hours of work and includes commissions, shift loadings and allowances, bonuses and any over-award payments. It does not include any overtime payments. However, for more detailed information about what payments are included in OTE, see the ATO’s website and refer to the following article – Calculating your employees’ SG contributions? The rules to help get it right.

You can also refer to the following article for general information on what to do if your employer doesn’t pay your super – What to do if your employer doesn’t pay your super.

This is general information only. Please consult a qualified professional or the ATO for more details.

Important: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions.