subscribe to our newsletter sign up

Crackdown on unpaid super still too weak: ISA

Superannuation, Super Australia, Industry Super Australia, unpaid super, retirement planning

The government’s recent attempts to curb unpaid superannuation will only help one out of 10 affected individuals, says the Industry Super Australia lobby group.

Industry Super Australia public affairs director Matt Linden stated that while progress is clearly being made, a tougher line of action is much more needed.

“Every month that passes without a comprehensive solution to unpaid super, millions of Australians are being shortchanged on their retirement savings,” he said.

He also added that the ATO has not yet come to terms with the extent of the problem despite having the technology to easily identify potentially-underpaying taxpayers.

Crackdown on unpaid super still too weak: ISA
nestegg logo
subscribe to our newsletter sign up
FROM THE WEB
Recommended by Spike Native Network
Pete - Meanwhile, over at Apple and Amazon.......
Dave Shegonnacrash - Is that the tall poppies that pay your wages or fees? When tall poppies fall, jobs vanish quickly. I will be cutting a few jobs when the crash comes........
Anonymous - It is time that we had a Roya Commission just into those dreadful government departments who appear to do everything to protect the perpetrators and.......
Ross Cardillo - And i ask the question again, who is going to jail from Commonwealth Bank for their actions? They should be sharing a cell with their mates at ASIC
....