South Australian workers are having $283 million in super stolen from them every year by dodgy bosses, with Makin, Port Adelaide, Adelaide electorates among the worst in the state, new data reveals.
New analysis of ATO data from 2016-17 by Industry Super Australia has revealed the extent to which the unpaid super scandal is impacting South Australian workers, with more than 170,000 people not receiving their legal super entitlement. The average person is missing out on around $1,600 a year in super.
And if no further action is taken by the Federal Government, by 2025 the total amount of super South Australian workers will have missed out on is projected to reach $3.7 billion.
Industry Super Australia Chief Executive Bernie Dean today released the data broken down by federal electorate in South Australia, and called on the South Australian Parliamentary Inquiry into Wage Theft to make a recommendation to the Federal Government to align the payment of super with wages.