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The Latest Breaking News from Industry Super Australia

Deliberately not paying superannuation is 'wage theft' and the government is cracking down on it

Employers who deliberately don't pay their workers their full wages and superannuation on time could face tougher penalties under a federal government crackdown, with the possibility businesses will be made to make super payments more frequently.

ABC News

Victorians miss out on $1 billion in superannuation

One in four Victorians are underpaid super and it's costing them $1 billion a year, analysis from Industry Super Australia shows.

The New Daily

The four principles that redefine the true purpose of superannuation

If you asked 10 people on the street what super is for, they’d all likely say “money for your retirement”.

The New Daily

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How your superannuation fared in a year of inflation and market downturns

Superannuation fund members will be hit with negative returns this year for the first time since 2011 and inflation will make things worse.

The New Daily

Retirees’ living costs rise, but there are ways to improve your lot

Inflation is eating into the cost of a comfortable retirement but there are some smart things you can do about it.

The New Daily

Super for nest eggs not ‘pet projects’

Labor wants super used to bolster housing supply and support the clean energy transition, but the opposition wants retirement savings to come first.

Crikey

Coalition plan allowing first homebuyers to use super could shrink all workers’ retirement savings, industry analysis finds

Industry Super Australia finds returns to members would decrease as funds would have to keep more cash on hand, reducing amount that can be invested

The Guardian - AU

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Coalition minister concedes plan to allow first homebuyers to access super will push up house prices

Allowing access to up to $50,000 of retirement savings ‘like throwing petrol on a bonfire’, industry super group warns

The Guardian - AU

Why few dads will take up the federal budget paid parental leave offer to be primary carer

The federal government's budget change falls short of calls for 26 weeks' paid parental leave with a "clear, use-it-or-lose-it" component to encourage more take-up by fathers, writes Nassim Khadem.

ABC News

There is something acting a lot like a carbon price in our economy and it is called risk

Chaos is bad for superannuation funds and climate change could mean a lot of chaos. Mary Delahunty, who analyses these scenarios for one of the country's biggest super funds, takes us inside the attempt to reduce uncertainty.

ABC News

More affordable childcare would boost women’s retirement savings, report says

Industry Super Australia research finds increasing childcare subsidy would reduce gender pay gap and future pension costs

The Guardian - AU

Vic workers miss out on billions in super

Industry Super Australia says about a third of Victorian workers are missing out on superannuation payments.

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