From cathropartners.com.au: The Superannuation Guarantee Charge represents the amount employers must pay for eligible employees when they miss mandatory superannuation contributions.

Starting from 1 July 2024, the Fair Entitlements Guarantee Recovery Program will pursue unpaid SGC from employers in liquidation, while the Australian Government’s new law, effective 1 January 2025, criminalises non-payment of superannuation in certain situations, classifying it as wage theft.

Employers must adhere to superannuation obligations to avoid serious penalties, including fines and potential imprisonment.