
Opposition Continues to Negotiate Labor’s Superannuation on Top of Parental Leave
Published on September 18, 2024
The Labor government’s 12 percent superannuation payment for new parents is wrestling with another hurdle as the opposition moved new amendments. In August, Albanese government introduced the bill to offer superannuation on top of paid parental leave, saying it would help reduce the gender gap in retirement savings. Senator Anne Ruston, manager of opposition business in the Senate, pushed amendments to offer more flexibility for how families used their superannuation, proposing two options. The first would allow families to receive an additional two weeks of government-funded paid parental leave, increasing the total entitlement from 26 to 28 weeks once the scheme is fully implemented....
