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Coalition can’t be trusted to build wages if it drops super guarantee, Labor says


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Employment spokesman Brendan O’Connor says prime minister ‘is looking to walk away from an election commitment’

Labor says it does not trust the Morrison government to find ways to build wages growth if it ditches legislated increases in the compulsory superannuation guarantee due to start next year.

The long-awaited independent report into retirement incomes found while increases to the super guarantee provided a better standard of living in retirement they would come at a cost to wages.

Continue reading…Employment spokesman Brendan O’Connor says prime minister ‘is looking to walk away from an election commitment’Labor says it does not trust the Morrison government to find ways to build wages growth if it ditches legislated increases in the compulsory superannuation guarantee due to start next year.The long-awaited independent report into retirement incomes found while increases to the super guarantee provided a better standard of living in retirement they would come at a cost to wages. Continue reading…