Tag Archives: superannuation

Australia: ATO to ‘crack down’ on employers not paying the correct super

The Government has announced a further package of superannuation reforms to address concerns that employers may not be complying with their superannuation guarantee (SG) obligations. The proposed reforms: suggest that the ATO will be granted additional powers to ensure that … Continue reading

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Filed under Jurisdiction: Australia, Remuneration (including bonus and incentive plans)

Australia: Wage theft and non-compliance of the Superannuation Guarantee

The Senate Economics References Committee has released its report 'Superbad – Wage theft and non-compliance of the Superannuation Guarantee' following concerns raised by Industry Super Australia about considerable underpayment of mandated Superannuation Guarantee contributions.

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Filed under Jurisdiction: Australia, Remuneration (including bonus and incentive plans)

Australia: Have you updated your salary sacrifice policy?

Employers may need to review their salary sacrifice policies as from 1 July 2017 due to changes to the superannuation rules. The most significant change is that, from 1 July 2017, employees will be able to make personal superannuation contributions … Continue reading

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Filed under Jurisdiction: Australia, Remuneration (including bonus and incentive plans)