• Superannuation guarantee

    Employers continue to demonstrate high levels of voluntary participation in the superannuation system. Total employer contributions as a proportion of total salary and wages are above the 9% base rate for superannuation guarantee contributions. The number of employees notifying us that their employers have not paid their superannuation guarantee entitlements continues to be less than 0.2% of all employees.

    Since 2009, we have transferred over $1.3 billion in previously unpaid superannuation into member accounts. In 2012–13, collections of the superannuation guarantee charge increased by 4.3% to $337 million.

    Our multi-year superannuation guarantee strategy includes communication, education and audits. Through the education strategy, there has been an average increase in voluntary compliance of more than 10% in certain targeted high-risk industries.

    In 2012–13, our compliance campaign focused on communication or compliance activities in the following industries:

    • communication – cafes and restaurants, carpentry services and real estate services
    • compliance activities – computer system design and related services, accommodation services and accounting services.

    In industries we previously examined, there has been an increase in compliance of more than 20% relative to a control group.

    Table 2.17 Superannuation guarantee charge and penalties, 2011–12 to 2012–13
      2011–12
    $m
    2012–13
    $m
    Change
    %

    Raised from risk-based work

    156.8

    207.0

    32.0

    Raised from employee complaints

    306.4

    331.0

    8.0

    Raised from voluntary lodgment

    89.8

    108.4

    20.7

    Collected

    323.0

    337.4

    4.5

    Transferred to employee funds

    295.0

    311.8

    5.7

    For more information see superannuation guarantee outcomes.

    We were unable to recover $188.9 million of existing superannuation guarantee charge debt due to employers entering some form of insolvency administration. We did not pursue recovery of $15.0 million because it was uneconomical to do so. For more information see debt outcomes.

      Last modified: 02 Mar 2015QC 42726