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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