Which of the Following Is NOT an Important Result of the Compulsory

question 20

Multiple Choice

Which of the following is NOT an important result of the compulsory guarantee charge implemented in July 1992?

• A) The amount of superannuation funds in Australia has increased significantly.
• B) The employer contribution SGC increased to 9% from July 2002.
• C) The vast majority of retirement savings are invested in superannuation funds.
• D) The SGC represents a penalty taxation charge on employers.

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