Superannuation & retirement

The Australian Services Union today slammed Kelly O’Dwyer’s women’s statement as a “woefully inadequate response” to the unacceptable outcomes for women in retirement. ASU Assistant National Secretary Linda White said the Government still had no plan to raise the level of superannuation savings among women who average half the super…

The Australian Services Union today demanded the Federal Government fix the superannuation system so it stops failing women. A recent report by Per Capita, commissioned by the Australian Services Union – Not so Super for Women – found women have an average 53% of the super savings of men. Analysis…

The Australian Services Union today called-out Qantas for their position on corporate tax cuts, saying the company had always pocketed its profits in preference to increasing wages. ASU Assistant National Secretary Linda White said during one of the most profitable periods in Qantas’ history it even frozen wages for the…

Huge numbers of bank customers and staff trying to reveal the extent of banking malpractice to the Banking Royal Commission are gagged by non-disclosure and confidentiality agreements. This makes it all the more important that everyone who is able to make a submission does so – it can be done…

ExxonMobil, the parent company of Esso, who has attempted to drive down wages and conditions of workers at their Longford on and offshore sites, will be hauled before a Senate Inquiry into corporate tax evasion. This comes as a result of the report published today by ASU partner the Tax…

The changes to industry superannuation that are currently before the federal Parliament would give more power to the banks and take control away from working people. The proposed changes would remove representatives of working people from super fund boards and subject industry super to more onerous regulations than the banking…

The Australian Council of Trade Unions has warned that the Federal Government’s changes to the superannuation industry will make it easier for employers to steal workers’ superannuation, in addition to giving the big banks access to workers’ super. Independent research shows that $5.6 billion of super goes unpaid every year,…

While we are fighting for your rights, organising to get fair pay rises and secure jobs, the Turnbull Government is coming after working people, your union and now your superannuation. You helped us stop the Government’s anti-union bills. We won because the crossbench heard your voice. We need your help…

The changes to industry super proposed by the Turnbull Government will mean less money and more exploitation for working people. The changes – which include replacing union representatives with former executives on boards and subjecting industry super to a harsher regulatory regime than the big banks have to navigate –…

Following two major ASU surveys about retirement security, what we learned demanded further study and the search for solutions. Today we are proud to launch the report: “Not So Super, For Women: Superannuation and Women’s Retirement Outcomes”, in collaboration with progressive think tank Per Capita. The report confirms our findings,…