SYDNEY (CU)_The superannuation guarantee (SG) in Australia, a noteworthy contributor towards retirement nest eggs of millions of Australians, previously stood at 9.5 per cent. According to Industry Super Australia (ISA) this rate is expected to incrementally rise to 12 per cent by 2025 and as part of this gradual expansion, the SG rate was set to rise to 10 per cent starting 1 July this year.
However, there has been calls from coalition backbenchers to scrap this plan on account of…
