Industry Super

Read ISA's full media release here: industrysuper.com/assets/FileDow…

Treasurer Jim Chalmers has handed down the Albanese Government’s second budget and confirmed payday super will apply from 1 July 2026. This welcome move will drastically curb the $5 billion unpaid super scourge and put as much as $50,000 back into workers' super accounts

GREAT NEWS out of Canberra this morning. Payday super will see millions of Australians up to $50k better-off at retirement, and curb the scourge of unpaid super. Read more from @NassimKhadem below: abc.net.au/news/2023-04-2…

Research shows huge amounts of money withdrawn from super during COVID was spent on fast food, furniture, and gambling – leaving everyone worse-off. @BernieDeanISA explains why this scheme is like an economic long COVID from which all Australians will suffer for decades 👇👇👇

It’s time to legislate an objective of super which enshrines the principle of preservation – ensuring every Australian is given the best shot at a dignified life in retirement! Read more below: smh.com.au/politics/feder…

Super is there for retirement; not fish & chips, a flutter, or furniture! Research out today shows much of the $38 billion in retirement savings accessed through the Covid early release scheme was spent on discretionary items like these; costing Aussies thousands in retirement

Check out the full report here: industrysuper.com/media/the-inve…

Affordable housing 🏠: Create schemes to provide an attractive return to private capital; simplify and standardise government processes and systems at all levels to support investment Private markets 📈: Review YFYS benchmarks; review the treatment of fees as defined by RG97

Yesterday, ISA was delighted to launch the third report in our super in the economy series, entitled “The Investment Opportunity in Private Markets”.

It is disappointing the budget did not deliver super on Commonwealth parental leave or allocate the resources needed to address the $5 billion unpaid super scourge. ISA looks forward to working with federal parliamentarians to achieve these things in the future.

ISA also welcomes: ✔️Preservation of 12% Super Guarantee ✔️Longer and more flexible parental leave ✔️ Super downsizer eligibility expanded to 55+

Treasurer Chalmers announced a landmark housing accord in last night's #Budget2022. Read more here: industrysuper.com/assets/FileDow…

Our pre-budget submission calls on federal mps to: 👉 Fix unpaid super 👉 Tackle inequity to improve the retirement outcomes 👉 Improve Your Future Your Super reforms 👉 Protect the fundamentals of the super system Read more here: theaustralian.com.au/business/pay-s…

Excellent question @SpiritSuperAu!!! Click below to find out more about what it means to belong to an Industry SuperFund, and why our members enjoy that #winningspirit in their retirement 👇💪

By investing in the best financial interests of members, industry funds strengthen the Australian economy, support businesses, and create jobs. Find out how in ISA’s latest report: industrysuper.com/assets/FileDow…

Read @themercurycomau's story here: themercury.com.au/news/tasmania/…

27% of Tasmanians are missing $77m in super – costing up to $60k in retirement. To address unpaid super: 👉Pay super on pay day 👉Strengthen consequences for those who do the wrong thing 👉Allow 3rd parties to help recover super 👉Ensure the FEG covers super