- Jun 12, 2012
- 21,134
- 67,631
- AFL Club
- Port Adelaide
I don't mean take your super out I mean 2% more of people's take home is going into your super. So at a time when consumer confidence is up shit creek and spending will be down, the government pushes ahead with a law that will take more money out of people's pockets. I don't agree with forced super to the point of 12.5% it's ridiculous. Even if you agree with it, continuing to implement it now is madness, pause it for a decade.
I don’t get this. Super contributions are currently in addition to your wage, not from it, calculated at 9.5% of your gross. The only exception to this is if you want to voluntarily pay more, which you can but out of your gross pre-tax up to an additional 6.5%.
Are you saying the increases planned over the next few years are being seperated like this, so the current 9.5% in addition remains and the 0.5-3.0% increase becomes a mandatory contribution from gross but pre-tax?