Business
I thought I’d seen the worst financial policy in years. Then this…
As my family and friends will tell you, I’m a pretty laid-back character.
I don’t rile easily, don’t tend to get stressed, and I’m pretty happy to go with the flow.
But man, was I worked up yesterday!
Truth be told, I’m still worked up, today.
And it’s over – wait for it – the Superannuation Guarantee levy.
Funny thing to get angry about, right?
Actually no, I don’t think so.
I think if you’re not angry about it, you don’t yet understand the issue.
So let me explain.
From the time compulsory Super was introduced, the rate has slowly increased.
Originally 3% of your pay, then 6%, it’s slowly climbed to be 9.5% of your wage or salary today.
And it’s supposed to keep going up, maxing out at 12% by…
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