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Flat White

The compulsory super scam: why get in to bed with the devil if you only want to cuddle?

20 November 2020

4:41 PM

20 November 2020

4:41 PM

Reported in the Oz:

Scott Morrison will delay a decision on whether to ditch next year’s scheduled rise in the compulsory superannuation contribution until the May budget over concerns that lifting it would smash wages as the economy recovers from the pandemic.

Increasing the compulsory superannuation contribution from 9.5% to 12% will certainly not smash wages. 

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