No magic wage rise: Cutting super left workers worse off
Published: 29 Oct 2020
Workers never received a promised wage increase when the super guarantee was last cut, a comprehensive analysis of federal workplace agreements reveals.
In 2014 the Coalition dumped the scheduled increase to the super rate promising workers they would get the “money in their pockets2” through wage increases – and those claims are being repeated about next year’s 0.5% increase.
But an Industry Super Australia analysis of 8,370 EBAs certified before and after the freeze show the promised wages boost never materialised and workers sacrificed their super for nothing in return.