Article 56ZVK Emboldened Liberal MPs increase pressure to kill super guarantee rise to 12%

Emboldened Liberal MPs increase pressure to kill super guarantee rise to 12%

by
Paul Karp
from on (#56ZVK)

Signs Liberals increasingly support freezing guarantee at 9.5% because of Covid-19 recession, even though rise is already legislated

Liberal MPs have stepped up calls for the superannuation guarantee to remain frozen at 9.5% after the assistant minister, Jane Hume, said she was ambivalent" about an already legislated rise to 12%.

The Liberal senator Andrew Bragg told Guardian Australia the first recession" since compulsory superannuation started in 1992 was not a good time to increase the cost of private employment".

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