Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Australian government is targeting employers who aren't paying superannuation

Workers could have missed out on $2.85 billion of superannuation during the 2014/15 financial year

Workers could have missed out on $2.85 billion of superannuation during the 2014/15 financial year Source: Photo: Jessica Shapiro

Australian Tax Office found that employers haven't paid almost $2.85 billion of superannuation guarantee obligations


The federal government is targeting employers who aren't paying their workers their full compulsory superannuation entitlements.

The Australian Taxation Office has found around five per cent of Australia's employers aren't meeting their obligations.

Analysis by the Australian Taxation Office has found workers could have missed out on $2.85 billion of superannuation during the 2014/15 financial year because their employers didn't make the payments, despite being legally required to do so.

Federal Financial Services Minister Kelly O'Dwyer says employers deliberately not paying their workers' super entitlements are "robbing" their staff of wages.

 


Share