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Superannuation Increases to 12% from 1 July 2025

Superannuation Increases to 12% from 1 July 2025

πŸ“’ Super News for Your Super!

πŸ’ΌπŸ’° 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%.

 πŸ”Ή What does this mean?

Employers must contribute 12% of ordinary time earnings to eligible employees’ super funds.

 πŸ”Ή Why it matters:

More super = a stronger future retirement for Australian workers.

 βœ… Make sure your payroll systems are updated

βœ… Review employment contracts if SG is part of total package

βœ… Employees: check your payslips to see the difference!

 πŸ“… Effective: 1 July 2025