Amazulu

Champagne socialists aka socialism for everyone but themselves

Amazulu

Ultimately, it comes out of your pocket

We all forgo income at the expense of superannuation

If you are earning $100k plus super, in reality you are earning $109.5k with $9.5k of that put into super on your behalf

knockoff nige

Yes I know that but my question was on whether a company is likely to increase that remuneration to include a super increase or will it come off the base salary. I know what my situation is but was surprised that it came down to what the company prefers and not explicitly with them to pay out more when the minimum super contribution gets increased. If it was to increase up to 12% over the next 5 years, that could be a significant amount of money you may or may not be losing out on.

Swerv-o

See my earlier post.

Another thing worth knowing is that providing your mandatory contributions are met, it doesn't matter who pays them. If you are salary sacrificing money from your salary into your Super, then if the minimum is met by that salary sacrifice, then the company is fully entitled to reduce their component. Make sure you get it in writing that any agreements to salary sacrifice are on top of the employers contribution rather than instead of.

This happened to a friend of mine at a company we used to work for together - he increased his salary sacrifice component and they decreased theirs. He didn't discover this until he was made redundant some years later.


S

Beoz

Proceeds of crime?

ozzieeagle

Probably right with the Ferraris and Lambo's .... bloody weird seeing those in Cole's carpark in Coburg or outside a 3 bed Weatherboard. The giveaway with some flash stuff, is when they pull up outside a commission house.

Mafiosa cant help but be flash I spose.

the troubadour

Or educated to a level, that fully enables them to tale on board, the longer term consequences of growing inequality and the desirability of present economic policy over recent decades.


It is not necessary class war or hatred against the poor and powerless. It is seeking just outcomes in a country that can amply provide a decent standard of living for all living here.


A rather quaint old fashioned term champagne socialist. Very 80's.You really should move along in updating your termology.

the troubadour

Who knows? May be of the proceedings of crime. May be someone heavily leveraged fallen for the ostentatious display all too frequent with modern Australian lifestyles.

Beoz

Is Bill Shorten for real? He's just dreamed up some threat to medicare telling everyone its going to be privatised? WTF is this guy on? Or is he just completely desperate?

the troubadour

Well that being the wet dream of conservative pollies everywhere. Actually the billing part was looked at being privatised. Obviously he is running a scare campaign akin to most politicians these days.
Desperation running on both sides. Turnbull has seen a majority fritted away.

old.sparkles

Has everyone seen the inspiring Liberal ad :

Beoz

Yep. From an advertising perspective its actually a good one.

old.sparkles

No it's not - other than it is so bad people remember it

GarryP

#FakeTradie ?

It's reached as far as that hive of scum and villainy, the Daily Fail

Social media slams the new campaign advert for the Australian Liberal Party | Daily Mail Online

Always dangerous to do a 'blokes like me' ad when you have marketing & actor types involved - they tend to make a pigs ear of it. In this case from a H&S perspective:

• Saw bench isn't inside the worksite
• Ceramic mug isn't going to survive on a real worksite, even if it is shiny and new
• Gold bracelet and circular saw is an invitation to lose the hand.

LNP adverts, going where no tradie has gone before...



and it's OK, they found his dog

bcworld

They also picked up on Michaelia Cash who can empathise with the poor because she went backpacking after uni!

Queensland Senator Michaelia Cash slammed for awkward comment on ABC Kitchen Cabinet | Daily Mail Online