Guardian

2024 - 11 - 6

Superannuation Scandal Revealed: Workers Shortchanged But Lists are Getting Updated, Mate!

guardian australia -- the guardian Alan Gouk - Financial Stability - Superannuation - Workers Rights - Zoe Williams - guardian australia - the guardian

Australian workers say 'Enough is enough!' as record unpaid superannuation reaches $5.2bn while one writer finally strikes off her todo list!

In a shocking revelation, Australian workers have been shortchanged by a staggering $5.2 billion in unpaid superannuation. This figure marks a considerable increase from last year’s $4.8 billion, demonstrating that the battle for fair compensation is ongoing. Employees across the nation are voicing their dissatisfaction, as employers find loopholes in the system and leave their workforce high and dry. This has ignited real discussions about the crucial role superannuation plays in an employee's long-term financial stability.

In light of this financial turmoil, writer Zoe Williams shares a personal milestone—updating her to-do list after 20 years. While it might seem trivial in the grand scheme of things, Williams asserts that confronting her procrastination is as important as the fight for earned superannuation. Perhaps both of these topics illustrate an overarching truth about modern life: no matter how hard we try to stay ahead, there’s always something pulling us back. Maybe a new to-do list can help tackle unpaid superannuation?

Meanwhile, the passing of Alan Gouk has prompted remembrance from Rodger Brown, who gives tribute to the human facet of Gouk's work in the arts. Gouk’s legacy serves as a reminder of the importance of cultural figures in what can sometimes seem like an inaccessible world. As the general public grapples with the financial crises affecting many, Gouk’s cultural contributions remind us of the richness art brings to society—an essential value that often goes untold.

As discussions continue around unpaid superannuation and the impact on workers, it is crucial for employers and government bodies to take action. Workers deserve to receive every cent they earn, including superannuation, which can greatly affect their retirement years. It’s time to review not only financial health but personal goals too, as illustrated by Williams’ light-hearted yet relatable to-do list update.

Did you know that superannuation was introduced in Australia in 1992? It's designed to ensure that workers have savings accrued for retirement. Additionally, the average Aussie spends about 11 hours a week on their to-do lists! So while we’re waiting for our super contributions, maybe it’s time to give those lists a little TLC, just like Zoe!

Post cover
Image courtesy of "The Guardian"

Employers shortchanged Australian workers a record amount of ... (The Guardian)

The dollar figure of superannuation that went unpaid after recovery efforts rose to $5.2bn from $4.8bn in 2022-23.

Post cover
Image courtesy of "The Guardian"

It's taken me 20 years, but I've finally updated my to-do list (The Guardian)

Enough is enough. It's time to stop worrying about James Dyson, Victoria's Secret and Jilly Cooper, writes Zoe Williams.

Post cover
Image courtesy of "The Guardian"

Letter: Alan Gouk obituary (The Guardian)

Rodger Brown writes: I always remember the very human face he gave to what I perceived of then as a cultural world impenetrable to me.

Post cover
Image courtesy of "The Guardian"

Only one of Australia's most popular tuna brands passes ... (The Guardian)

Australian Marine Conservation Society says Safcol's No Net Tuna is only entirely 'green' product on a red, amber or green scale.

Post cover
Image courtesy of "The Guardian"

She's Always Hungry by Eliza Clark review – dark delights (The Guardian)

A bona-fide queen of body horror delves into fears and illicit desires in this engrossing short-story debut.

Post cover
Image courtesy of "The Guardian"

Ancient gameshows, long-dead stars, Gregg Wallace … I'm ... (The Guardian)

I've pleaded with her to use streaming services, to no avail. If the BBC is showing a 1974 episode of Call My Bluff, that's what we're watching, ...

Explore the last week