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Author Nick: Harrison.Paspalis
Name: Hrrison Pspali Pspali
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About the Author: Harrison Paspalis is an experienced financial advisor who is writing article on superannuation fund and other financial matters. According to him, australian superannuation is a plan and program which should be worth noticing.
Australia is known as “the lucky country” and for good reason too! Not only do we have some of the best health and education systems in the world, but we also have a mandatory superannuation scheme that ensures each and every employer pays a minimum of 9% into their employee’s nominated super fund. However, this […]
Australians, in general, constitute some of the worst savers in the world. Current estimates suggest that, on average, Australians save just 4% of their income. This is less than half of the 11% estimate for Australians in the late 1970s. In the past, pensions from taxpayers were used to provide pensions for senior citizens upon […]
As well as dealing with wages and work conditions, most Modern Awards specify the superannuation funds to which an employer may make its Superannuation Guarantee Contributions and any additional post-tax employee contributions for an employee, unless an employee chooses another superannuation fund (i.e. the employer’s “default Fund”). In addition to a fund named in a […]
