How millions of Australians will be paid hundreds of dollars more from July 1 


Millions of Australians will earn hundreds of dollars more every year from July 1 as part of the sweeping changes coming in at the start of the new financial year. 

Updates to the Super Guarantee will see employers forced to increase their contribution to staff’s super from 10 per cent to 10.5 per cent.

For the median annual Australian wage of $62,400 in 2021, that will mean an extra $312 a year going into super funds, up from $6240 a year to $6552.

Millions of Australians will earn hundreds of dollars more every year from July 1 as part of the sweeping changes coming in at the start of the new financial year

Millions of Australians will earn…



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