— 3 minute read object(stdClass)#17743 (8) { ["image_intro"]=> string(58) "images/articleimages-391x261/850x492/Steven-Kennedy-ad.jpg" ["float_intro"]=> string(0) "" ["image_intro_alt"]=> string(62) "Treasury forecasts wage cuts following superannuation increase" ["image_intro_caption"]=> string(0) "" ["image_fulltext"]=> string(0) "" ["float_fulltext"]=> string(0) "" ["image_fulltext_alt"]=> string(0) "" ["image_fulltext_caption"]=> string(0) "" } John Buckley A A Treasury secretary Steven Kennedy told Senate estimates on Tuesday morning up to 80 per cent of future superannuation guarantee increases are forecast to come at the cost of workers’ wage growth. Advertisement "); googletag.cmd.push(function() { googletag.display('div-gpt-ad-1606778434582-0'); }); } Advertisement Dr Kennedy said that as each 0.5 percentage point increase takes hold of the superannuation guarantee, wages growth would fall 0.4 percentage points every year.