From 1 July 2013, the super guarantee rate will increase gradually over 7 years from 9% to 12% by 2019.
Here is a table of the increase:
Start date Super guarantee rate 1 July 2013 9.25% 1 July 2014 9.50% 1 July 2015 10% 1 July 2016 10.50% 1 July 2017 11% 1 July 2018 11.50% 1 July 2019 12%
If your quoted wage rate is inclusive of the compulsory superannuation guarantee contribution by employer, with the superannuation increase, it will have an implication for your take home pay.
