Employers rob workers of $17 billion in superannuation

Saturday, September 9, 2017

In another example of wage theft, the Australian Tax Office (ATO) has revealed that employers have failed to pay superannuation for their staff by an average of $2.81 billion every year between 2009 and 2015: a total of $17 billion.

The worst offenders were small and medium businesses in the construction, retail, food and accommodation sectors.

The ATO has been investigating "the superannuation guarantee gap" — the difference between the 9.5% superannuation guarantee payment required by law and the contributions employers actually make.

The ATO deals with about 20,000 complaints about unpaid super every year.

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