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SUPERANNUATION AMNESTY BILL

A Government Bill to implement a 12-month one-off amnesty to encourage employers to self-correct historical superannuation guarantee non-compliance has been passed by the House of Representatives and is before the Senate.

The Bill was the subject of a Senate Committee inquiry in May and June 2018. Ai Group made a submission to the inquiry expressing support for the Bill.

In the final report arising from the inquiry, the Government members on the Senate Committee recommended that the Bill be passed, with Labor members recommending that the Bill be rejected.

If you would like more information about superannuation issues please contact Ai Group’s Workplace Advice Service on 1300 55 66 77.

Alternatively, if you would like advice about the compliance with superannuation laws in your workplace contact your local employment, workplace and industrial lawyer in Sydney, Newcastle, Wollongong, Adelaide, Melbourne or Brisbane or email Ai Group Workplace Lawyers at info@aigroupworkplacelawyers.com.au.

Published - 01/08/18

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