Signs Liberals increasingly support freezing guarantee at 9.5% because of Covid-19 recession, even though rise is already legislated
Liberal MPs have stepped up calls for the superannuation guarantee to remain frozen at 9.5% after the assistant minister, Jane Hume, said she was “ambivalent” about an already legislated rise to 12%.
The Liberal senator Andrew Bragg told Guardian Australia the “first recession” since compulsory superannuation started in 1992 was “not a good time to increase the cost of private employment”.
Continue reading…Signs Liberals increasingly support freezing guarantee at 9.5% because of Covid-19 recession, even though rise is already legislatedLiberal MPs have stepped up calls for the superannuation guarantee to remain frozen at 9.5% after the assistant minister, Jane Hume, said she was “ambivalent” about an already legislated rise to 12%.The Liberal senator Andrew Bragg told Guardian Australia the “first recession” since compulsory superannuation started in 1992 was “not a good time to increase the cost of private employment”. Continue reading…