Do increases in superannuation come out of wages?

Published: Feb. 2, 2020, 11:06 p.m.

It\u2019s a common assumption that compulsory superannuation comes out of workers\u2019 wages. But is it true? \n\nWith compulsory super set to rise from 9.5 percent to 12 percent by July 2025, it\u2019s timely to ask who is going to foot the bill. Employers or employees? And what does this mean for your future salary? \n\nListen to Brendan Coates, Household Finances Program Director, and Matt Cowgill, Senior Associate discuss their latest working paper No Free Lunch: Higher superannuation means lower wages. \n\nYou can read the working paper in discussion on our website: https://grattan.edu.au/report/no-free-lunch/