Australia's $3.9 trillion super system is failing to deliver financial security in retirement to millions of Australians. Over nine years, the analysis suggests that Australians have missed out on $41.6 billion in unpaid super, with women, people in insecure work, migrant workers and younger workers more likely to have been unpaid. The analysis shows men comprised 56 per cent of …
Clare Elliott learned the importance of tracking her superannuation the hard way. "We think unpaid super should be treated in the same way as wage theft," he says. "We think the tax office can lift its game in recovering unpaid super," Mr Jones says. "This would just require a change that, when salaries or wages are paid, they would need …
Bosses are failing to pay superannuation, and it's a growing crisis costing workers billions of dollars. "We investigate every claim of unpaid super that is reported to us," Ms Rosenzweig says. Ms Rosenzweig says the ATO tries to get back workers' unpaid super in cases of insolvency but, if a company no longer legally exists, "the ATO is constrained from …