An average worker will end up with nearly $20,000 more over their lifetime if the super guarantee increases to 12 per cent – around $50,000 more than the Grattan Institute’s flawed and misleading analysis claims.
New analysis by former senior Treasury officials Phil Gallagher PSM and Bruce Bastian has found that not only are the Grattan Institute’s claims based on dubious assumptions that don’t stack up, there is no Australian evidence to support claims that an increase in super contributions will result in an equivalent reduction in wages.
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