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Avoiding a fall-out from super guarantee increase


Date Time
Avoiding a fall-out from super guarantee increase
A worrying amount of employers are planning to reduce take-home wages to offset the higher super guarantee, research finds.
In an interview with ABC’s 7.30 for The Future of Retirement series earlier this year, Australia’s 24th Prime Minister Paul Keating, who famously introduced the compulsory employer contributions to superannuation in 1992, argued the ideal level of compulsory superannuation contributions is 15 per cent.
“Particularly now, as earnings – yields from shares, yields from equities, and bond yields – have fallen so far, there’s no way a funded 9.5 per cent can give you the kind of accumulation I believe you need. So the answer is 15,” he told host Alan Kohler. ....

Paul Keating , Macpherson Kelley , Prath Balasubramaniam , Alan Kohler , Tracy Angwin , Australian Payroll Association , Prime Minister Paul Keating , Enterprise Agreement , Small Business , Prime Minister , Federal Budget , பால் கீடிஂக் , மேக்பெர்சன் கெலீ , ஆலன் கோஹ்லர் , சுவடு அங்வின் , ஆஸ்திரேலிய ஊதியம் சங்கம் , ப்ரைம் அமைச்சர் பால் கீடிஂக் ,