$20 billion per year. That’s how much higher superannuation could take from wages

Written by Brendan Coates, Grattan Institute. Stagnant wages are a huge issue in this election campaign. So it is odd that both major parties are hanging onto a policy that will take more out of workers’ pockets. Lifting compulsory superannuation contributions from 9.5% to 12% in five annual steps between… Read More »$20 billion per year. That’s how much higher superannuation could take from wages

It’s hard to find out who Labor’s dividend imputation policy will hit, but it is possible, and it isn’t the poor

Written by Elizabeth Savage, University of Technology Sydney. Labor’s proposal to end cash refunds of unused dividend imputation credits is highly targeted. It certainly doesn’t apply to age pensioners, even part pensioners, courtesy of Labor’s Pensioner Guarantee. Self managed super funds set up by pensioners before the announcement are also… Read More »It’s hard to find out who Labor’s dividend imputation policy will hit, but it is possible, and it isn’t the poor

There is a “simple fix” to unpaid super political parties could adopt

Industry Super Australia says changing how often Superannuation Guarantee is paid is a “simple fix” the major political parties could adopt in the election campaign to help fix unpaid and underpaid superannuation. New research by Industry Super Australia has found that the underpayment of superannuation entitlements over years has caused… Read More »There is a “simple fix” to unpaid super political parties could adopt