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- Compulsory superannuation in Australia began on 1 July 1992 with the introduction of the Superannuation Guarantee (SG).
- The SG system was created to help Australians build retirement savings and reduce reliance on the Age Pension.
- Superannuation evolved through major reforms, including Super Choice, MySuper, and Your Future, Your Super.
- The SG rate increased from 3% in 1992 to 12% in 2025–26, strengthening retirement outcomes for workers.
- Employers must manage payroll, super contributions, reporting, and compliance obligations to avoid penalties.
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Book a Free ConsultationAns. Compulsory superannuation officially started on July 1, 1992, through the Superannuation Guarantee legislation.
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