AUSTRALIA - Businesses are growing increasingly concerned that they will be forced to fund another A$23bn (US$20.5bn) in compulsory superannuation payments.
A pre-election survey by the Australian Chamber of Commerce and Industry (ACCI) of its members on a proposed rise in the employer levy for retirement payments from 9% to 12% of payroll found 96.6% ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here