Sun, 17th May 2026

What this episode covers

In this episode of the "Weekly Superannuation News Wrap", Paige Estritori of Financial Services Online discusses several noteworthy superannuation industry updates. Critical topics include the High Court of Australia upholding a ruling that enables the Australian Securities and Investments Commission to act against superannuation trustees for breaching their duty to act in members' best interests. Additionally, the Superannuation Guarantee scheme will see an increase in the rate of compulsory superannuation paid by employers from 9.5% to 10% starting July 2026. The government is maintaining the 30% tax rate on high income earners' super contributions to reduce the gap between high and average earners. Self-employed individuals are reminded of the importance of making voluntary super contributions. Lastly, Australian Ethical Investment initiates policies to enhance its sustainable investing practices, suggesting a shift towards more socially responsible investment.n

PodParley-generated summary based on available episode metadata and transcript content.