Australian superannuation employee contribution ratesUp until recently, the rate of payment from your earning was 10.5%, on income up to $54,030. However, on July 1 2023, this rate was increased by 0.5%, so it now stands at 11%.
AustralianSuper’s fees and costs for the MySuper Balanced option are in the lowest 25% of comparable funds in the superannuation industry. Our annual fees and costs (administration and investment) for a $50,000 account balance in the Balanced option are competitively ranked in the lowest (best...
Corporate profits are rising in the sector that’s been pointed out to be the biggest of our tax evaders, the biggest thieves of workers’ wages and superannuation, the biggest scammers of government-provided services, the biggest employers of casualized and temporary imported labor, and the bi...
When scammers target superannuation, your tax return and the ATO, you'll hear advice on what you can do to protect yourself. As climate change fuelled by greenhouse gas emissions increases the risk of natural disasters, including fires and floods, ABC News Daily brings you fact-based analysis...
Use theFair Work Ombudsman Pay Calculatorto determine the exact rate for a specific apprenticeship. Superannuation Employers areobliged to pay a minimum11%superannuation contributionto their employees based on their ordinary time earnings and who are 18 years old or older, or are under 18 and work...
But while superannuation funds maintain a bullish outlook on the asset class, like real estate, views have also become increasingly cautious as historical returns were largely based on a low interest rate environment and easy access to cheap borrowing. Some industry funds are seeing their infrastructu...
The acquisition aligns with Tradeweb’s mission to make markets more efficient. Australian institutions, including superannuation (employer-sponsored retirement account) funds, will enjoy enhanced access to Tradeweb’s liquid, global, multi-asset platform. Tradeweb’s international...
The digital transformation process for a range of government departments has also improved their communications to the public.The ATO now posts regular updatesabout important changes to the rules regarding taxation and superannuation via the MyGov site, which helps many Australians to keep a firm grasp...
and AMP New Zealand Wealth Management. AMPâs Platforms business provides superannuation, retirement and investment solutions, enabling advisers and their clients to build a personalized investment portfolio on its flagship North platform. AMP Advice provides professional services to a network of ...
and AMP New Zealand Wealth Management. AMPâs Platforms business provides superannuation, retirement and investment solutions, enabling advisers and their clients to build a personalized investment portfolio on its flagship North platform. AMP Advice provides professional services to a network of ...