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← SBS News In Depth
SBS speaks to former Treasurer Wayne Swan on Australia's new super guarantee artwork

SBS speaks to former Treasurer Wayne Swan on Australia's new super guarantee

SBS News In Depth
08:22
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Show notes

From 1 July, the minimum superannuation an employer will be required to pay will be 12%. Australians eligible for government-funded Parental Leave Pay will also be paid superannuation for the first time, the Australian Taxation Office to pay the 12 % guarantee directly into their super fund. Former Treasurer Wayne Swan, who now works for a superannuation fund, announced the 9 to 12% increases in 2010. He spoke with SBS World News producer Stephanie Youssef about the milestone

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