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Unions Will Move To Boost Super Guarantee (Read 1634 times)

crocodile

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Re: Unions Will Move To Boost Super Guarantee
Reply #15 - Dec 18^th, 2018 at 11:46am

Dsmithy70 wrote on Dec 18^th, 2018 at 10:53am:

aquascoot wrote on Dec 18^th, 2018 at 7:05am:

LOL

say goodbye to wage rises then.

and that will be great news for the guys in suits who skim a percentage off the account balance and then spend it on their yachts and mistresses

A boost to the super guarantee IS A WAGE RISE

A person who earns $450 per month or more is entitled to be paid super by the employer

Lets kept it simple & work on the minimum

9.5% of $450 is $42.75

12 % of $450 is $54.00

So its a pay rise of $11.25 in that month.

Productivity growth is zero at the moment. It is only a temporary wage rise as long as future possible wage rises are not eroded to the same extent over time. Of course, for those that are forced out of work by a wages bill not aligned to productivity it is a substantial pay cut.

Very funny Scotty, now beam down my clothes.

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Bam

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Re: Unions Will Move To Boost Super Guarantee
Reply #16 - Dec 18^th, 2018 at 8:02pm

Dsmithy70 wrote on Dec 18^th, 2018 at 10:53am:

aquascoot wrote on Dec 18^th, 2018 at 7:05am:

LOL

say goodbye to wage rises then.

and that will be great news for the guys in suits who skim a percentage off the account balance and then spend it on their yachts and mistresses

Why have a minimum at all? Everyone has a right to save for their retirement, not just those who are able to earn $450 a month or more by the grace of others.

You are not entitled to your opinion. You are only entitled to hold opinions that you can defend through sound, reasoned argument.

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cods Gold Member Offline Australian Politics Posts: 88048	Re: Unions Will Move To Boost Super Guarantee Reply #17 - Dec 18^th, 2018 at 8:19pm what about people who do not work or cannot work.. what do they get?
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greggerypeccary Gold Member Offline Australian Politics Posts: 147708 Gender:	Re: Unions Will Move To Boost Super Guarantee Reply #18 - Dec 18^th, 2018 at 8:23pm cods wrote on Dec 18^th, 2018 at 8:19pm: what about people who do not work or cannot work.. what do they get? The pension.
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lee

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Re: Unions Will Move To Boost Super Guarantee
Reply #19 - Dec 18^th, 2018 at 8:27pm

Bam wrote on Dec 18^th, 2018 at 8:02pm:

Why have a minimum at all? Everyone has a right to save for their retirement, not just those who are able to earn $450 a month or more by the grace of others.

Because there is a trade off between pay and super. Those on only $450/m would undoubtedly enjoy more in the pocket.

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cods

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Re: Unions Will Move To Boost Super Guarantee
Reply #20 - Dec 18^th, 2018 at 8:31pm

greggerypeccary wrote on Dec 18^th, 2018 at 8:23pm:

cods wrote on Dec 18^th, 2018 at 8:19pm:

what about people who do not work or cannot work.. what do they get?

The pension.

they dont get anything like those who actually are fortunate enough to have a JOB....with all these extras paid every week..not everyone is unemployed by choice.

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greggerypeccary

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Re: Unions Will Move To Boost Super Guarantee
Reply #21 - Dec 18^th, 2018 at 8:37pm

cods wrote on Dec 18^th, 2018 at 8:31pm:

greggerypeccary wrote on Dec 18^th, 2018 at 8:23pm:

cods wrote on Dec 18^th, 2018 at 8:19pm:

what about people who do not work or cannot work.. what do they get?

The pension.

they dont get anything like those who actually are fortunate enough to have a JOB....with all these extras paid every week..not everyone is unemployed by choice.

Yes, I agree.

Most people aren't unemployed by choice.

Life isn't fair, though.

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greggerypeccary

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Re: Unions Will Move To Boost Super Guarantee
Reply #22 - Dec 18^th, 2018 at 8:51pm

Here's a relevant example of how life is unfair.

I cashed in a super account last week, for $27,000.

Tomorrow, I'll probably buy one of these:

https://therockinn.com/collections/electric/products/fender-custom-shop-51-nocas...

https://therockinn.com/collections/electric/products/fender-custom-shop-60-strat...

Or possibly both.

Meanwhile, dozens of people sleep rough on the streets right near that guitar shop, while I take home two guitars I don't need (don't even know where I'm gonna put them).

In order to make my purchase with a clear(ish) conscious, I paid $100 for a Big Issue today, on St Georges Tce.

She was very happy, which made me happy

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