Super laws a let down
THE Nick Xenophon Team wants stronger laws to help millions of Australian workers claw back billion of dollars of unpaid superannuation from dodgy employers.
NXT say there are at least 2.4 million workers who have been underpaid their super entitlements, totalling some $3.6 billion in retirement savings.
“If we don’t do something to make it easier for workers to find out that they haven’t been paid their full entitlements, and give them more power to stand up for their rights, that retirement rip-off is going to balloon out to $66 billion by 2024,” NXT MP Rebekha Sharkie said.