In Australia, the rate of superannuation coverage for employees and the minimum rate of superannuation contributions required under the superannuation guarantee system in the last 25 years have:

Question

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Since the introduction of the superannuation guarantee system in 1992, the minimum rate of superannuation contributions required has gradually increased from 3% to the current rate of 9.5%. At the same time, the rate of superannuation coverage for employees has also increased substantially, from around 40% in 1992 to over 90% in recent years. Therefore, both the rate of superannuation coverage and the minimum rate of superannuation contributions required have increased substantially in the last 25 years.

In Australia, the Rate of Superannuation Coverage for Employees and the Minimum