Annual unpaid super bill costs Victorian workers $1.2bn
Over 760,000 workers in Victoria are among the millions of Australians who have been affected by unpaid super.
Over 760,000 workers in Victoria are among the millions of Australians who have been affected by unpaid super.
About 300,000 more Australians will now receive super guarantee contributions following the removal of the monthly income threshold.
APRA has thrown its support behind super funds, labelling pools of emergency-use funds as a means to safeguard members’ financial interests.
APRA and ASIC will appear before the House economics committee on Thursday.
The regulator said it is focused on improving member outcomes and eradicating underperformance.
The year 2021 was the sixth highest year for super returns since 2000.
Hostplus was the top performing super fund of 2021 in a positive year for the industry overall.
A leading not-for-profit organisation is leading the call to pay super during parental leave.
Industry Super Australia has again called on the federal government to take action on unpaid super.
A range of new investment options will soon be available from the super fund.
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