SUPERANNUATION

Superannuation


The Supperannuation Guarantee (SG) rate for the 2015/16 financial year is 9.5%.

In the 2014-15 Federal Budget, the Treasurer announced the government's intention to change the schedule for increasing the super guarantee (SG) rate to 12%.

The SG rate increased from 9.25% to 9.5% from 1 July 2014 as currently legislated. The Government amendments to the legislation means that the rate will remain at 9.5% until 30 June 2021 and then increase by 0.5 percentage points each year until it reaches 12%.

For more information, please contact David Fuller (HR Manager) at 
david.fuller@commercialradio.com.au 
or 02 9281 6577.

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