Your super may be funding Labor's broken promises

    Research output: Contribution to Newspaper/Magazine/BulletinFeatured article

    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.

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