Australia Passes Law To Extend Superannuation To New Parents From July 2025

Australia Passes Law To Extend Superannuation To New Parents From July 2025

The Australian Parliament has enacted legislation to extend superannuation contributions to new parents who receive government-funded parental pay — a landmark initiative designed to bridge the gender gap in retirement savings. As the Senate passed the Paid Parental Leave Amendment (Adding Superannuation for a More Secure Retirement) Bill 2024 on Thursday, parents with babies born … Read more