Superannuation Rate Increase – What Employers Need to Know
A quick reminder for all employers: the Superannuation Guarantee (SG) rate is set to increase.
Currently, you’re required to contribute 11.5% of your employees' ordinary time earnings (OTE) to their super. However, from 1 July 2025, this will rise to 12%.
Super contributions must be paid at least quarterly to eligible employees, so now is the time to plan for this change and ensure your payroll systems are updated.
Stay ahead of the update and keep your business compliant.
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