labor superannuation furfies?, page-7

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    Chief of the Australian Chamber of Commerce and Industry Peter Anderson said: "The package doesn't spread the benefit of the mining tax boom to non-mining business because hidden in the detail is a 3 per cent or $20 billion per year rise in the superannuation levy paid by employers large and small.

    "It's unbelievable that a 3 per cent levy increase on the payroll of a million private businesses has been imposed without a funding basis. Yet that is what the government has done. It has legislated the levy rise and will work out how to pay for it later. For employers, the absolute core minimum need is a legislated mechanism for a wages trade-off."


    http://www.theaustralian.com.au/news/opinion/labor-digs-itself-into-fresh-trouble/story-e6frg74x-1226305622468
 
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