The Federal Government recently passed a Bill to amend the Superannuation Guarantee (Administration) Act 1992.
The changes, that came into effect on 1st July 2021, may represent a significant cost to your business over the next 4 years – and personally we haven’t heard them talked about enough! It’s important your business understands its obligations, knows what options are available and has a plan in place for when these changes come into effect.
To get you up to speed, Kelsey Hunter, Senior Employment lawyer at Source has created:
- a short video, which takes you through one of the key changes, and your options.
- a more detailed guide which covers all 3 changes, your options, and recommended immediate and future steps.