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AAP
AAP
Rachael Ward

Low-paid workers miss out in 'out-of-date' super rule

A simple super tax adjustment could benefit more than one million low-paid workers. (Joel Carrett/AAP PHOTOS)

An "out-of-date" tax rule older than Gangnam Style will cost lower-income workers $500 million in retirement savings this year.

That's according to the Super Members Council, adding to growing calls to lift the Low Income Super Tax Offset (LISTO) - designed to boost superannuation for some of the lowest-paid Australian workers.

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