Superannuation Increases to 12% from 1 July 2025
π’ Super News for Your Super!
πΌπ° 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%.
πΉ What does this mean?
Employers must contribute 12% of ordinary time earnings to eligible employeesβ super funds.
πΉ Why it matters:
More super = a stronger future retirement for Australian workers.
β Make sure your payroll systems are updated
β Review employment contracts if SG is part of total package
β Employees: check your payslips to see the difference!
π Effective: 1 July 2025