Surprise survey results from one of Australia’s largest superannuation funds has found that the majority of businesses supported the increase to the Superannuation Guarantee (SG) rate, including 14 per cent who strongly supported the rise.
As the government prepares to increase the Age Pension to 70 by 2035, academics have expressed concerns about the attitudinal and financial barriers rife in the jobs market.
The ATO is urging all employers to ensure they have implemented the Superannuation Guarantee (SG) rate rise which increased to 9.5 per cent on 1 July 2014.
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