Only payday super will stop workers from being short-changed

Just a few short months after ISA’s unpaid super seminar, ATO Commissioner Chris Jordan has conceded that only payday super will stop workers from being short-changed.

This urgently-needed reform – discussed at length during our seminar in December ‘21 – forms a core part of ISA’s proposed plan to deliver better retirement outcomes for Australian workers through fixing the scourge of unpaid super. ISA, funds and unions have been calling for a focus on this issue for many years since the original report into this issue jointly developed between ISA and CBUS. 

There’s still much more work to be done, with Deputy ATO Commissioner Emma Rozensweig stating in her recent appearance at the Inquiry into the Unlawful Underpayment of Employees’ Remuneration that “structural issues” constrain the ATO’s ability to recoup unpaid super on behalf of affected workers at last.

ISA’s Deputy CEO Matthew Linden and Senior Manager of Public Affairs & Research James Gunn were glad to help contribute to that conversation (pictured) – constructively sharing many of ISA’s proposed solutions to the great retirement rip-off of stolen super with both Government and Opposition MPs. 

Read more about our recent advocacy here.