Govt should halt super changes, NatRoad argues


Plans to introduce superannuation payments on overtime earnings should be halted to reduce the risk of job losses, NatRoad says

Plans to introduce superannuation payments on overtime earnings should be scrapped to reduce the risk of job losses, the industry’s largest representative body argues.

NatRoad, which last year merged with the Australian Road Train Association (ARTA), fears employers will struggle to maintain drivers or have the capacity to pay higher wages if changes are made to superannuation.

NatRoad President Rob McIntosh claims the Government’s proposed decision to introduce superannuation payments on overtime earnings will increase companies’ costs by up to 50 percent.

"To implement policies that will inflict such substantial cost increases on employers in the current economic environment will simply mean that an employer’s ability to retain staff will become an immense challenge, let alone ensuring any further capacity to provide wage increases," he says.

McIntosh says government departments need to introduce policies consistent with Prime Minister Kevin Rudd’s call for employers to retain workers during difficult economic times.

"Ministers, departments and authorities such as the Australian Tax Office must ensure their policies reflect the advice of the Prime Minister," McIntosh says.

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