All All Industry Insights Industry News Media Release Member Only Articles NRA Events NRA Legal NRA Partners NRA Projects NRA Training and Development Policy & Advocacy Policy Updates Technology Tenancy & Leasing Testimonials Thought Leaders Weekly CEO Update WHS Update

Superannuation Guarantee rate remains at 9.5%

June 16, 2017

The obligation on employers to make superannuation contributions to eligible employees will remain at the rate of 9.5% for the new financial year.

This rate has remained the same since 1 July 2014 and is due to increase to 10% from 1 July 2021.

All employees are entitled to superannuation contributions provided they are paid $450 or more before tax in a month and are either over 18 years old or under 18 years and have worked over 30 hours in a week.

Superannuation must be paid at least every 3 months into the employee’s nominated account and regardless of the employer’s size.

To find out more, call the NRA today on 1800 RETAIL (1800 738 245) or contact one of our recommended superannuation partners, REST Super (retail) or Intrust Super (fast food).

NRA Media

  • Message from the CEO, Dominique Lamb: 20 March 2018
    March 20, 2018

    When you argue for a 0 per cent rise in the minimum wage, you’re likely to attract a fair share of criticism, and over the…

    Read More
  • Court rejects employee’s $200,000 overtime claim
    March 17, 2018

    By Alexander Millman and Lindsay Carroll, NRA Legal The Federal Circuit Court has rejected an Australia Post employee’s claim for almost $200,000 of unpaid entitlements,…

    Read More
  • Wholesale, Retail and Personal Services IRC Industry Skills Forecast
    March 16, 2018

    The AISC National Industry Insights Report is a collection of information, data and insights for individual industry sectors. It captures industry information about skills, training…

    Read More
  • Get prepared for Single Touch Payroll
    March 15, 2018

    The ATO is urging employers with 20 or more employees to act now and prepare for Single Touch Payroll (STP) – the next step in streamlining payroll…

    Read More

What our clients say

Want to chat?
Contact our team today!