Business
Workers Should Take Back Control of Their Pension Funds – Jacobin magazine
Australia’s pension funds control nearly $3 trillion of workers’ capital, but they’re currently dominated by corporate interests. The labor movement should take…
Australias superannuation wars are still raging. The current debate is about whether increasing employer superannuation payments will or wont affect wage growth. But this misses the most important point.
Although they are misleadingly referred to as employer contributions, superannuation payments are neither a gift nor a tax on wages. For workers in formal employment, superannuation payments are part of our wage, paid into collective funds, to be managed in our collective interest.
Scott Morrisons…
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