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The superannuation guarantee was introduced by the Hawke government to promote self-funded retirement savings, reducing reliance on a publicly funded pension system. [2] Legislation to support the introduction of the superannuation guarantee was passed by the Keating Government in 1992. [2]
Unemployment reached 11.4% at the end of 1992 – the highest level since the Great Depression. [7] The government introduced the Superannuation Guarantee in 1992 as part of a major reform package addressing Australia's retirement income policies. Since its introduction, employers have been required to make compulsory contributions to ...
In August 2008, he spoke at the book launch of Unfinished Business: Paul Keating's Interrupted Revolution, authored by economist David Love. Among the topics discussed during the launch were the need to increase compulsory superannuation contributions, as well as to restore incentives for people to receive their superannuation payments in ...
From 1991 to 2003, Sherry was a key member of, and under Labor chaired, the Senate Select Committee on Superannuation. This committee made a number of recommendations on the performance of the superannuation industry including the key Senate breakthrough that led to the introduction of the Compulsory Superannuation Guarantee system.
The South Oxfordshire (Parishes) Order 1992 S.I. 1992/169; Local Government Superannuation (Amendment) Regulations 1992 (S.I. 1992/172) Finance Act 1991, section 58, (Commencement No. 1) Regulations 1992 (S.I. 1992/173) A564 Trunk Road Stoke—Derby Route (Foston—Hatton—Hilton Bypass and Slip Roads) Order 1992 (S.I. 1992/174)
The second Keating ministry was the 59th ministry of the Government of Australia.It was led by the country's 24th Prime Minister, Paul Keating.The second Keating ministry succeeded the first Keating ministry, which dissolved on 24 March 1993 following the federal election that took place on 13 March.
An Act to amend the law relating to the grant of Superannuation Allowances and Gratuities to certain persons who entered the permanent Civil Service of the State between the passing of the Superannuation Act, 1859, [c] and the fourth day of June one thousand eight hundred and seventy. (Repealed by Statute Law Revision Act 1883 (46 & 47 Vict. c ...
An Act to provide for the payment of contributions towards the costs of benefits under the scheme framed and approved in terms of the Education (Scotland) (Superannuation) Act, 1919, and for matters incidental thereto, and for the payment from the Consolidated Fund of deferred annuities in respect of contributions under the Elementary School ...