The Australian Taxation Office (ATO) has given back $932 million in unpaid super to 797,000 workers. This big move shows the ATO’s hard work to make sure employers pay their super on time. It’s key for workers’ retirement plans. Deputy commissioner Emma Rosenzweig said over 92% of super was paid without the ATO needing to … Read more
Most teenagers don’t work enough hours to get superannuation. This means they miss out on nearly $2,200 by 18. By retirement, this could be $10,000. A new study by the Super Members Council shows a big problem. About 505,000 under-18s didn’t get super in 2024-2025. They lost an average of $730 each, adding up to … Read more
Did you know the Australian Taxation Office (ATO) is giving out a $1,000 super boost? This is part of the government’s plan to make retirement more secure for Aussies. It’s aimed at helping those with lower incomes grow their super. The ATO wants everyone who can get this to claim it. It’s a chance to … Read more
Did you know the Australian Taxation Office (ATO) offers two payments? These can increase the super balances of low-income and middle-income Aussies by up to $1000 a year. The payments are called the low-income super tax offset (LISTO) and the super co-contribution scheme. They aim to help Australians save more for retirement. mAJOR hIGHLIGHTS the … Read more