The Australian reports today that the Turnbull Government is looking to permanently freeze scheduled increases is the superannuation guarantee, locking it at 9.5% rather than 12%:
The government saved $2.6bn over three years by delaying the Labor plan but would recover far more if it were to halt the increase altogether, given that the super contributions come out of salaries and therefore reduce wages and, in turn, cut the income tax revenue that goes to Canberra…
