Published: 02 May 2023
Moving super payments to align with wages could give millions of Australians $50,000 more at retirement and drastically curb Australia’s unpaid super scourge which cost workers $33 billion over seven years.
The federal government should be commended for helping Australian workers get the super they are owed by mandating that super is paid on payday and not once a quarter.
The government has listened to a broad coalition of stakeholders – including unions, employer groups and consumer bodies to mandate that employers’ super payments to employees are made on payday.
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