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This report outlines the evidence that universal superannuation has benefitted and will continue to benefit all Australians. It also provides confirmation of the large benefits to Australians and the Australian economy from increasing the Superannuation Guarantee from 9.5 per cent to 12 per cent.
Despite many claims to the contrary, this paper finds there is scant empirical evidence of a causal relationship between superannuation increases and low wage growth and it suggests that increasing the Superannuation Guarantee 2.5 percentage points will give workers a share of productivity they have...