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Treasurer Josh Frydenberg to review superannuation increase – NEWS.com.au
Treasurer Josh Frydenberg to review superannuation increase
Thousands of Australians could miss out on a promised increase to their superannuation. The government is paving the way to scrap a legislated super rise after declaring the retirement income review found current policy settings were “effective, sound and … broadly sustainable”.
The review finds the “weight of evidence suggests the majority of increases in the Super Guarantee come at the expense of growth in take-home wages”. It emphasises “voluntary saving” and home ownership over increases to…
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