Business
A win for the good guys!
Maybe it’s the political climate.
Maybe it’s a government that is trying to fight on fewer fronts.
I like to think it’s because they’ve seen the light.
In any case, assuming it’s true, the news in today’s papers is good for every single working Australian.
That news, if you haven’t caught up yet, is that the Federal Government is apparently dropping its potential opposition to increasing the Superannuation Guarantee (SG) levy (that is, the contribution our employers make to our Super accounts).
The SG is currently 9.5% of our take-home pay, a level we reached back in 2015.
The current legislation has it going to 10% from July 1 this year, then increasing by 0.5% per year, between now and 2025.
But some government…
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