Posted , June 10, 2014.

Superannuation Rate Increase

The Government are increasing the superannuation guarantee rate from 9.25% to 9.5% effective 1 July 2014 and will leave it at this level until 30 June 2018.

 

The SG charge percentage will then increase by .5% each year until it reaches 12% from 2022-23, a year later than previously proposed.