Thousands of young workers are out on millions of dollars in super
Key points
- A model put forward by the Super Members Council suggests young Australians are losing out on superannuation as they enter the workforce. According to the council's figures, more than 56,000 young workers in Western Australia alone are missing out on roughly $46 million in super this financial year.
- The shortfall is linked to an outdated rule.
- Workers under 18 are not guaranteed to receive super contributions unless they work 30 hours a week for a single employer.
Get local alerts + the full feed in the AU Now app
Alerts, Shorts and your saved stories — free on Google Play.
Disclaimer
This is an AI-generated summary based on reporting by The Wire. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.
Follow this story in the AU Now app
Alerts for your suburb, Shorts and saved stories — free on Google Play.
Comments
No comments yet — start the conversation.