
Superannuation Guarantee Rate Change
May 8, 2021
Superannuation Guarantee Rate Change
The Australian Federal Government recently announced in its May 2021 budget an increase to the superannuation guarantee (SG) rate to 10%. Effective from 1 July this year, Ventia will increase the SG rate from 9.5% to 10% for all salaried employees to ensure our business is compliant with the Superannuation…