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Business and Money

Here's another reason not to boost compulsory super: it'll ramp up debt

  • Written by: James Giesecke, Professor, Centre of Policy Studies and the Impact Project, Victoria University
Here's another reason not to boost compulsory super: it'll ramp up debtShutterstock

The government receives the long-awaited report of its retirement incomes review on Friday.

Here's another reason not to boost compulsory super: it'll ramp up debtSource: Australian Tax Office

Key among the questions it has been asked to examine is whether to proceed with the legislated increases in employers’ compulsory super contributions from the present 9.5% of salary to 12%, in five annual steps...

Read more: Here's another reason not to boost compulsory super: it'll ramp up debt

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