Financial Wellness

Superannuation

Australia employees will be eligible to participate in superannuation salary sacrifice where:

Your Superannuation contribution from the Company (using the current legislative percent of ordinary time earnings) will be paid at least quarterly on the following schedule to the default fund unless otherwise nominated:

• Quarter ending 30 September–payments will be made by 28 October.
• Quarter ending 31 December–payments will be made by 28 January.
• Quarter ending 31 March–payments will be made by 28 April.
• Quarter ending 30 June–payments will be made by 28 July.

If you choose to make personal superannuation contributions you may do so via payments made directly from your personal bank account or you may opt for the Company to make the contributions on your behalf through salary sacrifice. You must inform the Company of the percentage of your ordinary time earnings you wish to salary sacrifice with one month’s notice with the change going into effect from the first pay period of the following month.

If you do not inform us within 31 days of the quarter end (noted above), your superannuation contribution from the Company will be sent to the default fund.

If you wish to nominate a specific superannuation fund, you can do so at any time, keeping in mind the quarterly deadlines. For example, if you inform the Benefits Team on 05 July, your superannuation payment will be made to your nominated fund in the next quarterly payment, e.g. the quarter ending in September.