The minor party is demanding Labor add superannuation to government-funded paid parental leave to secure support.
Superannuation is seen as a safety net for the future, but contributions for those on paid-parental leave aren't compulsory."I was really shocked, I can't even believe that's a thing that happens. I mean we don't really have any other one, apprentices or anyone else who doesn't get superannuation paid on anything for employment. So I don't see why someone who is on leave for having a baby wouldn't get it.
Treasurer Jim Chalmers has rebuffed a Greens offer to support a $2.3 billion clamp-down on wealthy Australians’ retirement savings. Despite posting a 20 billion dollar budget surplus, Finance Minister Katy Gallagher expressed the party's priority on the matter in July this year ). These changes are to lift the tax rate on earnings of superannuation above $3 million from 15 to 30 per cent from 2025‑26, and is expected to affect around 80 thousand people.
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