Tag Archives: superannuations

Ordinary time earnings (for Super guarantee purposes)

The Tax Office has released a Draft Superannuation Guarantee Ruling in which it states the Commissioner’s preliminary view on whether payments to employees are ordinary time earnings (OTE) and/or ‘salary or wages’. Since 1 July 2008, employers are required to … Continue reading

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Financial literacy program for school kids

ASIC has launched a new financial literacy program Your Money Starter- Insurance and Super designed to assist young Australians in making decisions about insurance and superannuation. It is a resource for secondary schools in each state and territory and is … Continue reading

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