Blog – Maddern Financial Advisers

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What are the proposed changes to the Government super guarantee contributions (SGC)?
Team Maddern

388To help grow Australian workers’ savings for retirement, it is intended the compulsory super guarantee contributions that employers are obligated to pay qualifying staff, will gradually increase from 9% to 12% over the coming years.

When super payments are made by your employer based on the minimum 9% super guarantee rate, they will be required to increase this rate to 9.25% on 1 July 2013. Read more