Published: 01 Jun 2022
Industry Super Australia today congratulated the Albanese Government on its election and announcement of key treasury portfolio ministers who will be responsible for delivering on the promise to millions of Australians to secure a dignified life in retirement.
The government’s unwavering commitment to lifting the super rate to 12% as legislated and support for policy foundations of preservation and compulsion are the key building blocks to supercharge savings, underpin domestic investment and alleviate pressure on the age pension.
To this end the government’s commitment to enshrine the objective of super in legislation will protect the retirement of future generations.
*The above material, whilst correct at the time of publication may include references or statements which are no longer current.