Su­per in­crease too slow, work­ers say

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MORE than a third of work­ers think the phase-in pe­riod to in­crease com­pul­sory su­per­an­nu­a­tion con­tri­bu­tions is too slow.

An on­line poll by Es­sen­tial Me­dia re­veals 75 per cent of peo­ple sup­port an in­crease from 9 per cent to 12 per cent.

The in­crease will be phased in from the start of the 2013-14 fi­nan­cial year and will reach 12 per cent in the 2019-2020 fi­nan­cial year.

Four per cent be­lieve the pe­riod is too short, with 35 per cent dis­agree­ing.

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