Superannuation Increases to 12% from 1 July 2025
๐ข Super News for Your Super!
๐ผ๐ฐ Superannuation Guarantee increases to 12% from 1 July 2025
From 1 July 2025, the Superannuation Guarantee (SG) rate will increase from 11.5% to 12%.
๐น What does this mean?
Employers must contribute 12% of ordinary time earnings to eligible employeesโ super funds.
๐น Why it matters:
More super = a stronger future retirement for Australian workers.
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Make sure your payroll systems are updated
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Review employment contracts if SG is part of total package
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Employees: check your payslips to see the difference!
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Effective: 1 July 2025