Superannuation Minister Jane Hume yesterday gave industry an iron clad guarantee that the scheduled increase in the superannuation guarantee (SG) to 12% would go ahead as legislated:
Asked whether she would provide an ironclad commitment that the government would not freeze future increases in the super guarantee, Ms Hume reiterated that the increases were already law.
“It can’t [be overturned] without opposition support, and it won’t be because it is already legislated,” she said.
