Superannuation guarantee to rise to 10%
Advertisement
The federal government is considering a range of options regarding superannuation ahead of the Budget in May.
The super guarantee (SG) is slated to rise to 10% on 1 July, and the government is said to be looking at leaving at this level.
Other options that are under consideration include allowing workers to choose between a higher super contribution and an increase in their take-home pay, or extending the early-access scheme.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.