The verdict
The change announced on September 2 will not alter the compulsory superannuation employees currently receive. However workers are no longer legally entitled to increases in those contributions until July 2021.There is no guarantee that wages will be increased in compensation. The Coalition has not introduced a law to guarantee universal, annual, wage rises to match dollar for dollar what workers will lose from the superannuation freeze. Employer groups say workers are unlikely to receive in wages what they will lose in superannuation.
Even if workers did receive higher wages, many would pay tax at a higher rate than the tax applying to employer superannuation contributions.
When Mr Abbott says it is not an adverse change and no-one is going backwards, he is incorrect.
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