SBS speaks to former Treasurer Wayne Swan on Australia's new super guarantee

Weekend One on One
01/07/2025 8 min
SBS speaks to former Treasurer Wayne Swan on Australia's new super guarantee

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Episode Synopsis

From 1 July, the minimum superannuation an employer will be required to pay will be 12%. Australians eligible for government-funded Parental Leave Pay will also be paid superannuation for the first time, the Australian Taxation Office to pay the 12 % guarantee directly into their super fund. Former Treasurer Wayne Swan, who now works for a superannuation fund, announced the 9 to 12% increases in 2010. He spoke with SBS World News producer Stephanie Youssef about the milestone

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