Superannuation: Guarantee set to rise to 10.5%
9 June 2022
Members are advised that on 1 July 2022 the super guarantee will increase from 10% to 10.5%.
The rate of 10.5% will need to be applied for all salary and wages paid on and after 1 July 2022 (even if some or all of the pay period it relates to is before 1 July 2022). Members need to ensure their payroll and accounting systems are updated to reflect the super rate increase.
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