Business News

Here's another reason not to boost compulsory super: it'll ramp up debt

Written by James Giesecke, Professor, Centre of Policy Studies and the Impact Project, Victoria University

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The government receives the long-awaited report of its retirement incomes review on Friday.

Source: Australian Tax Office

Key among the questions it has been asked to examine is whether to proceed with the legislated increases in employers’ compulsory super contributions from the present 9.5% of salary to 12%, in five annual steps...

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