The dollar figure of superannuation that went unpaid after recovery efforts rose to $5.2bn from $4.8bn in 2022-23Get our breaking news email, free app or daily news podcastAustralian workers missed out on a record $5.2bn of superannuation that employers failed to pay last financial year, according to the Australian Taxation Office.The ATO has released the data on the superannuation “gap” in its annual report, which also reveals that $1.4bn is likely to go unpaid because it is owed by insolvent companies.Sign up for Guardian Australia’s breaking news email Continue reading…
Source link : https://www.theguardian.com/australia-news/2024/nov/05/ato-unpaid-superannuation-employers-wages-safety-net
Author : Paul Karp Chief political correspondent
Publish date : 2024-11-05 13:59:53
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Employers shortchanged Australian workers a record amount of super last year, tax office says
