Government open to $400m superannuation change

The federal government says it’s open to a proposal to ensure superannuation payments are paid to all workers under 18 years of age.

The idea could deliver school-age employees a combined $400 million a year towards their retirement — but it’s already drawing concerns from employers.

SBS News is Australia’s trusted news source for the latest news from Australia and across the world.

Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews
Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au
Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au
Follow SBS News on X: https://www.twitter.com/SBSNews
Follow SBS News on Facebook: https://www.facebook.com/sbsnews
Apple News: https://trib.al/MTx0gUe

For the latest news, visit www.sbs.com.au/news

Network Terms & Conditions: https://sbs.com.au/terms
Privacy Policy: https://sbs.com.au/privacy
Feedback or complaints: https://sbs.com.au/complaints