According to recent reports, Bunnings has banned some tradesmen from one of their Melbourne stores after a complaint of sexual harassment was made by a staff member.
ABC Radio reported that the employee was fearful that her employment would be terminated because she complained, but was “delighted” when management chose to stand by its employees. Well done, Bunnings!
Most superannuation experts agree that 9% superannuation contributions is not enough to build an account balance for a comfortable retirement.
The challenge has long been to lift the 9% contribution to 12%, but unfortunately Coalition Governments have a track record of freezing or delaying increases in superannuation contributions.
Despite the Keating Government unveiling an increase in super from 9% to 12% of earnings in 1995, John Howard (Prime Minister 1996-2007) successfully stalled any increase in superannuation contributions for more than 11 years.
It was left to the Gillard Government to legislate a timetable to achieve the 12% contribution for working Australians.
