You are currently viewing Maintaining the increase to the super guarantee

Maintaining the increase to the super guarantee

  • Post last modified:July 3, 2023

The Federal Budget in May 2023 maintained the Super Guarantee’s legislated increase to 12%. From 1 July 2024, the Super Guarantee will increase to 11.5%. It will continue to increase by 0.5% on 1 July each year until it reaches 12% in 2025.