Time to Think Ahead to Super Increases
As employers outside the Mining Industry find the economy tough going - Manufaturing and Retail are really in the doldrums at present due to the high value of the Aussie dollar and the impact of internet purchases - they also need to start factoring in a significant increase in their labour cost base in the not too distant future, after passing of the Federal Government's Mineral Resources Rent Tax (MRRT).
Super contributions are set to start rising under Labor (or for that
matter, even in the event of a change in our Federal Government, under
the Liberals) from the current 9% level, from 1 July 2013.
