Super Guarantee

Changes to super from 1 July 2021

There are a number of superannuation changes that will take effect on the 1st of July 2021. We’ve summarised the key ones below:   Superannuation guarantee increase to 10% The superannuation guarantee is the minimum percentage of your ordinary time earnings that your employer has to pay into your superannuation fund, if you meet certain conditions. On the 1st of July 2021, the superannuation guarantee will increase from 9.5% to 10%.   Contribution cap increases There are caps on the amount that … Read more