This report examines the impact on the Australian economy of the legislated increase in the Super Guarantee (SG) Rate from 9.5% to 12%. Increasing the SG rate will lead to a bigger economy ($12 billion bigger in 2040) than will occur without the increase in the SG rate. Increasing the SG rate will also lead to more jobs, higher real wages, and higher real incomes for Australians than will occur without the increase in the SG rate.
*The above material, whilst correct at the time of publication may include references or statements which are no longer current.