Superannuation Guarantee (SG) Increase

Starting 1st July 2025, the Superannuation Guarantee (SG) rate will increase from 11.5% to 12%. This means employers must contribute a higher percentage of their employees’ wages to superannuation.

Employers should update payroll systems to reflect the new rate and ensure they meet their obligations. Failure to comply could result in penalties, including the Superannuation Guarantee Charge (SGC). It’s important to plan ahead and make necessary adjustments to avoid any issues.

Source: How much super to pay | Australian Taxation Office