Shock horror! Workers pay for superannuation increase macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.
It would be bad for our economy for us to stay a hermit kingdom. But it’s wrong to imagine that re-opening our borders would immediately strengthen the recovery given low wage growth.
Secretary to the Australian Treasury, Dr Steven Kennedy, has said the super guarantee increase has come at the expense of wages growth in Budget forecasts.
The federal budget changes mean more Australians will get super. It also relaxed the rules around older Australians contributing to their retirement savings.