Changes to compulsory Superannuation Guarantee Levy

From 1 July 2013, the compulsory Superannuation Guarantee Levy payable by employers increased from 9% to 9.25% with a view to a final increase in stages to 12% by 1 July 2019.

Since superannuation is not included in the Guaranteed Annual Earnings (GAE) amount, an increase in superannuation could lead to a decrease in the GAE if the sponsor decides to continue to pay the employee and visa holder the same total remuneration.

Sponsors should ensure that, despite any increases in superannuation contribution, the employee is not paid at a GAE level less what is stated in their nomination application.