Morrison government sanctioning super theft
The Morrison Government is moving forward with legislation to provide an amnesty for all theft of superannuation since the first day of the superannuation system – a move which has sparked vocal opposition from unions.
Industry Super Australia has previously reported that workers are losing $5.9 billion in super every year to theft.
Queensland Unions believe all workers should have an easily accessible mechanism to enforce unpaid wages and entitlements, including super.
If the Morrison Government was serious about ending theft of superannuation it would increase enforcement, penalties, and allow unions back into workplaces to inspect pay records and to initiate recovery action against employers.
The proposed amnesty provides a period of two years for employers to disclose any theft of superannuation for which they can then avoid any kind of sanction.
The Morrison Government has previously claimed that this amnesty would recoup $200 million of this in total, covering a period of more than 27 years. Adding up to less than 3 per cent of just one year of stolen super.
Superannuation is a basic workplace right and research shows that theft of super is systemic.
Morrison and the LNP are sanctioning the theft of workers’ super if they go ahead with their proposed amnesty.