Bipartisan Commitment to 12% Super Delivers Super Certainty for Millions

Industry Super Australia welcomed the Prime Minister’s commitment that a re-elected Coalition government would lift the Superannuation Guarantee to 12 per cent as currently legislated, saying he “stands by” the legislation as written.

The announcement reinforces a Coalition commitment made in December 2021 to increase the rate without delay and without making parts of the increase optional.

The commitment establishes a strong bi-partisan pact that will deliver dignity in retirement for millions.

/Public Release. This material from the originating organization/author(s) may be of a point-in-time nature, edited for clarity, style and length. The views and opinions expressed are those of the author(s).View in full here.