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Category: Superannuation

Forvis Mazars HR | The People Experts - GettyImages 1091918678 scaled e1688087537634 1

Immediate action required: Changes to Award wages and the employer superannuation rate

Georgia Spencer 30 June 2023 No Comments

Modern Award rates On 2 June 2023, The Fair Work Commission (FWC) announced the Annual Wage Review 2022-23 decision which increased the minimum wage and Modern Award rates by 5.75%.…

Forvis Mazars HR | The People Experts - Super Guarantee increase 1 July 2022 1

The Superannuation guarantee will increase from 10% to 10.5% from 1 July 2022

Georgia Spencer 27 May 2022 No Comments

From 1 July 2022, the current superannuation guarantee rate of 10% will increase to 10.5%. This increase is a statutory increase and therefore compliance with the increase is mandatory. The…

Forvis Mazars HR | The People Experts - Super Guarantee changes 2

The Superannuation guarantee increases from 9.5% to 10% from 1 July 2021

Georgia Spencer 4 May 2021 No Comments

The superannuation guarantee is an amount that an employer must pay into a superannuation account on behalf of each of their employees. There is a minimum and a maximum salary…

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