Resistance is getting louder to the scheduled increase in the superannuation guarantee to 12 per cent, and backbenchers are hopeful the government's planned retirement income review will provide an opportunity to nix the rise.
Tim Wilson, the Liberal chairman of the House Economics Committee, said the case for increasing the contribution rate to 12 per cent "has always been questionable compared to increasing wages now".
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
Joanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com
