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INDUSTRIAL UPDATE | SUPERANNUATION GUARANTEE (SG) CHANGES 1 JULY 2024

Employer superannuation contributions From 1 July 2024 Superannuation Guarantee (SG) payments will increase from 11% of ordinary time earnings (OTE) to the new rate of 11.5%.   Super for contract trackriders Contract trackriders who ride for you are entitled to receive super contributions if they are over 18 years old. If you pay contractors principally…
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