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Workers short-changed by $14 billion

Aug 30, 2017News

Australia’s employers have failed to pay $17bn in super belonging to their employees since 2009, and tax authorities have only been able to detect and claw back $3bn.

The Australian Tax Office has published estimates of the amount of unpaid super in Australia for the first time.

Matt Linden, from Industry Super Australia, says the new data from the ATO show why the Turnbull government needs to urgently reconsider the 25-year-old laws that allow employers to use employees’ super for business cash flows and ultimately not pay the money at all.

Read more in The Guardian

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