Report – Guaranteeing a super start to work

Australia’s super system was designed to be universal, to enable the full breadth of the Australian community to reap its rewards for retirement. But Australians under the age of 18 are currently only required to be paid super if they work at least 30 hours a week for the one employer. This age-based exclusion causes confusion and frustration for both teens and business. For teens, it’s a poor introduction to the super system. For businesses, this exclusion is complex to administer and raises super compliance risks.