Superannuation Guarantee |
||
SG rate |
Year |
% of ordinary time earnings |
2018/19 |
9.50 |
|
2019/20 |
9.50 |
|
2020/21 |
9.50 |
|
2021/22 |
10.00 |
|
2022/23 |
10.50 |
|
2023/24 |
11.00 |
|
2024/25 |
11.50 |
|
2025/26 and later years |
12.00 |
|
Cut off dates |
28 October, 28 January, 28 April, 28 July |
|
Minimum age |
18 years (except employees working more than 30 hours each week) |
|
Minimum salary |
$450 per month |
|
Maximum salary |
$55,270 per quarter ($221,080 per annum) Indexed annually with AWOTE |
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