Apostate ACTU demands worker pay cuts

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The ACTU’s assistant secretary, Scott Connolly, has demanded the federal government commit to the retention of the legislated timetable for increasing the superannuation guarantee to 12%. From The AFR:

Unions have called on the federal government to rule out dumping increases in the superannuation guarantee…

“Morrison must immediately rule out any changes to the currently legislated superannuation guarantee to 12 per cent, and commit to a fair review, which puts workers at the centre” [ACTU assistant secretary Scott Connolly, said]…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.