05/09/2014Legislation, Superannuation

Earlier this week the Federal Coalition Government and the Palmer United Party made a deal which keeps employer’s guaranteed superannuation payments at their current rates of 9.5% until 2021, and not reach 12% until 2025. Previously, under Labor it was to gradually increase from 9% to 12% between 1...

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08/04/2013Legislation, Superannuation

The Fair Work Amendment Act 2012 includes a provision for establishing a new process for determining which funds are to be included in modern awards as default superannuation funds, for those employees who have not chosen a fund.