Superannuation set for a boost from July 1

Superannuation set for a boost from July 1

From July 1, employers’ minimum required contribution to employees’ superannuation accounts will rise from 11.5 per cent to 12 per cent. (Diego Fedele/AAP PHOTOS) By Adrian Black The superannuation guarantee will rise to a targeted 12 per cent after more than a decade of incremental increases. From July 1, employers’ minimum required contribution to employees’ superannuation accounts will rise from 11.5 per cent to 12 per cent. It’s the latest a…

Where superannuation is outperforming Aus house price growth - realestate.com.au

A growing number of Aussies are using a little-known super hack to beat the nation’s property market – but hundreds of thousands are still missing out.

Australians Ready to Boost Savings as Super Guarantee Rises to 12%

Australians are set to benefit from a significant boost to their retirement savings as the Superannuation Guarantee (SG) rate increases to 12%. This planned rise, announced by the government, aims to enhance the financial security of workers by directing a larger portion of their income into superannuation funds. The move comes amid ongoing discussions about the adequacy of retirement savings and reflects efforts to help Australians build a more…