Business
Superannuation amnesty unearths $588 million in unpaid contributions – The New Daily
Almost 400,000 workers will finally receive more than half a billion dollars of unpaid super under a once-off amnesty for employers.
Almost 400,000 workers will finally receive more than half a billion dollars of unpaid super under a one-off amnesty for employers.
According to the federal government, 24,000 businesses admitted to underpaying staff by $588 million in entitlements during a pardon that ended on September 7.
The figures easily surpassed Superannuation Minister Jane Hume’s prediction that 14,000 employers would confess to underpaying $160 million throughout the amnesty.
The period stretched back to the introduc…
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