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Using Budget to fix $33 billion scourge of unpaid super the right thing to do

  Published: 12 Oct 2022

This budget provides the government an opportunity to ensure women and lower-income Australians get the billions in super owed to them.

Latest figures reveal Australians have been underpaid an eyewatering $33 billion in super over seven years. On average 2.8 million Australians were short-changed a total of $4.7 billion annually.

New Industry Super Australia analysis of the latest tax file data (2019-20) shows 2.4 million Australians were underpaid $4.3 billion.

*The above material, whilst correct at the time of publication may include references or statements which are no longer current.

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