Skip to Main Content
Tired mother shutterstock 1709978887 1800
Media Releases

Payday super will end the ACT’s $62 million a year super rip off

  Published: 14 Feb 2023

ACT’s workforce has missed out on $62 million in retirement contributions in just one year, unless politicians fix the mess by mandating that super is paid on payday thousands of local workers will continue to miss out.  

Industry Super Australia (ISA) analysis of the latest tax data shows 31,000 ACT workers lost an average of $1,993 in 2019-20. Those dudded on super can end up retiring with up to $60,000 less.

Younger women are greatly impacted – over the seven years from 2013 to 2020, female ACT residents were unpaid an eyewatering $137 million in superannuation.

*The above material, whilst correct at the time of publication may include references or statements which are no longer current.

Got a topic you'd like to read about?

Thank you for your topic suggestion.

The message has been sent succesfully, check back soon to find if we wrote about the topic you suggested.

An error has occurred

Due to a technical fault we are unable to to submit your form at the moment. Please try again later.

Additional details:

To learn more about one of the Industry SuperFunds below click on their logo.