Money Magazine

Compulsory contributions for super increase to 15%

IS THAT ON THE CARDS?

Don’t hold your breath, but extending compulsory super to 15% has long been a Labor ambition and is part of its policy platform.

After the election, the financial services minister, Stephen Jones, indicated this was still on the longerterm agenda, though in its first term the government will be more concerned with bedding down the legislated increase to

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