Yes, times a lagging. Should have been increased during the mid 2000'shttps://www.abc.net.au/news/2021-06-11/workers-wages-superannuation-guarantee-rise-employers-budget/100206954shock horror,
Superannuation rises could come at the cost of wages — workers may end up paying for their own super rise
Shock horror, where did they think the money was coming from? Where did they think it came from last time?
Do they think employers have the financial ability to just add another few percent to their employ Gross wage bill?
Compulsory Super is about forcing self funded savings for retirement and provide a standard of living in retirement that is linked to your life-time earnings, rather than the more socialistic minimum standard one size fits all OAP scheme that will in time be phased out or at least replaced that we have known for last 60 odd years. However it was always going to be a 40 - 50 year transition period and the longer they take to force it up to around 25-35% the longer it was take for the transition to be complete.
we are now into the 30th year of the transition, and another 5 years until we get to 12.5% (half the low end of your preferred number).
All the time the LNP/IPA have to be dragged kicking and screaming.
Employers not have the capacity.
Same BS excuse for not paying workers a rise for a decade, assuming they didn't find a sneaky loophole to reduce/steal.
Lets not forget that in the last 14 years, the LNP have been in power for just 50% of the time, others could have also made changes apart from the 0.5% increase in 2014.
So you think all employees have a slush fund to pay what ever? Got to love a socialist, always solving the worlds problems with other peoples money and that always works out so well, not!
Who hasn't got a pay rise in a decade? I've said it before (for the last 10 years) and I'll say it again, go back to 2003 and add inflation to your salary. If you are earning more than that without a promotion or scope change, you were/are earning too much money due to the boom years and your job is now at risk as the boom years are finished. Also moral of the story, no inflation, no wage rises are justified, economics 101.