Abstract
Industry superannuation funds are great if you are a member of one. Low administration fees, focused on returns for members, and in some industries, still part of an anachronistic, closed-shop union deal. The arrangement ensures workers in a given industry have their employer super guarantee payments made to the industry fund, and often at rates above the legislated 11 per cent of an employee’s ordinary wages.
Original language | English |
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Pages | 1-2 |
Number of pages | 2 |
Specialist publication | The Spectator Australia |
Publication status | Published - 30 Jan 2024 |