🇦🇺Australia

Superannuation Guarantee Shortfalls

2 verified sources

Definition

Frequent staff changes complicate STP Phase 2 reporting and 11.5% SG contributions, leading to shortfalls during high turnover.

Key Findings

  • Financial Impact: AUD 200 per employee per missed quarter + 200% SG Charge interest (min AUD 5,000 per incident)
  • Frequency: Quarterly BAS lodgement cycles
  • Root Cause: Manual processes fail to track leavers/joiners for timely super payments

Why This Matters

The Pitch: Call centres risk AUD 5,000+ penalties per missed cycle from turnover payroll chaos. Automated STP Phase 2 integration ensures compliant payments.

Affected Stakeholders

Payroll Officers, Finance Managers, HR Payroll

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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