AUSTRALIA - Mining companies should introduce a minimum superannuation contribution of 12% in any new workplace agreements, resources Minister Martin Ferguson said.
Ferguson said the move, which should be enforced immediately, would limit the negative economic impact of rising wages in the booming sector and encourage more retirement savings across all sectors...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date