Strapped councils demand superannuation break

By Paul Hemsley The Municipal Association of Victoria (MAV) has ratcheted-up its campaign for local councils to be given a funding bail out to cope with an escalating series of budget cuts and funding shortfalls. The demands for new money come as a $396.9 million superannuation shortfall looms over local governments which could soon be […]

No privatisation of public sector super: WA Government

By Angela Dorizas Western Australia's Treasurer Troy Buswell has announced that the State Government will not proceed with privatisation of the Government Employee Superannuation Board (GESB). An independent review into public sector superannuation found that GESB’s 300,000 members would have been exposed to higher fees and greater tax liabilities. The Government has accepted recommendations of the […]

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