Lifting the superannuation guarantee next year while the economy is weakened by the COVID-19 pandemic may cause companies to defer hiring plans or shelve investment plans if the burden for footing the bill is not passed onto employees through lower wages growth, according to Treasury's Retirement Income Review.
Mike Callaghan chaired Treasury’s Retirement Income Review. Michel O'Sullivan
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Michael Roddan is a Walkley Award-winning national correspondent based in Sydney. He is a former business and economics reporter for The Australian. Connect with Michael on Twitter. Email Michael at m.roddan@afr.com
