The Superannuation Guarantee rate will gradually change, an increase from 9% to 12% between 1 July 2013 and 1 July 2019.
In addition to the increase in the Superannuation Guarantee the aged limit will be removed from 1 July 2013. This means that employers will be required to contribute to complying super funds of eligible mature aged employees 70 years and older in accordance with the new rates.
