EPISODE · Jun 18, 2025
Thu, 19th Jun 2025
from Superannuation News Wrap · host Paige Estritori
In this episode, Paige Estritori discusses key superannuation news, including suggested reforms for Pacific and Timor-Leste workers under the Pacific Australia Labour Mobility scheme, aimed at addressing language and technology barriers. The Australian Prudential Regulation Authority plans tighter cybersecurity after recent attacks on major super funds, pushing for third-party evaluations to augment defenses. Australian superannuation concessions are under scrutiny again over concerns about equity and sustainability, with potential threshold or concession cap changes to maintain a fair system. Lastly, there will be a superannuation boost through employers increasing Superannuation Guarantee contributions to 12%, affecting younger workers significantly but requiring employee caution with salary adjustments and sacrifice cap.
What this episode covers
In this episode, Paige Estritori discusses key superannuation news, including suggested reforms for Pacific and Timor-Leste workers under the Pacific Australia Labour Mobility scheme, aimed at addressing language and technology barriers. The Australian Prudential Regulation Authority plans tighter cybersecurity after recent attacks on major super funds, pushing for third-party evaluations to augment defenses. Australian superannuation concessions are under scrutiny again over concerns about equity and sustainability, with potential threshold or concession cap changes to maintain a fair system. Lastly, there will be a superannuation boost through employers increasing Superannuation Guarantee contributions to 12%, affecting younger workers significantly but requiring employee caution with salary adjustments and sacrifice cap.
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Thu, 19th Jun 2025
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