![A "flat lay" view of a July calendar page on a wooden tabletop. The calendar shows the date of the 1st of July circled along with the words "SG = 11%" written in red. A notebook, pencil and a succulent in a square ceramic planter are also sitting on the wooden table](https://i0.wp.com/www.up-to-date.com.au/wp/wp-content/uploads/2023/07/1-July-SG-graphic.jpg?resize=373%2C280&ssl=1)
Tomorrow: SG increasing to 11%
A quick reminder that starting tomorrow, Saturday the 1st of July 2023, the Superannuation Guarantee (SG) rate will increase to 11%, up from 10.5% currently. The Superannuation Guarantee is a vital component of every employee’s retirement savings, and this increase reflects the ongoing commitment to boosting Australians’ financial security in their post-work years. The new…