REMINDER: 10.5% Superannuation Increase starts on July 1st 2022

This is a reminder that the compulsory Superannuation Guarantee rate increases from 10% to 10.5% as of 1st July 2022.

What this means to you; As your contract states your rate is ‘Inclusive of Superannuation’, as of 1st July 2022 we will reduce 0.5% from your base rate and remit into your Superannuation fund of choice instead.

Please note the attached table which highlights all planned Superannuation changes each year until 2025 – this is something to bear in mind for the future.

If you have any questions, please feel free to contact our friendly team.

Period General Super Guarantee %
1 July 2021 – 30 June 2022 10.00
1 July 2022 – 30 June 2023 10.50
1 July 2023 – 30 June 2024 11.00
1 July 2024 – 30 June 2025 11.50
1 July 2025 – 30 June 2026 12.00