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Sign our petition for 12% Super

We, the undersigned, support the Government's proposal to increase the compulsory superannuation rate (Superannuation Guarantee) from 9 to 12%.

We believe this rise is critical to improve the retirement wellbeing of all Australians and will help address the funding challenges presented by Australia's rapidly ageing population.

Name:

E-mail address:

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• Friendly Links

  • 12% Super – Facebook page
  • AIST Awards
  • AIST Official website
  • futuretax.gov.au

• 12 Reasons for 12%

  • The average Australian will be $108,000 better off when they retire – that’s roughly an extra $100 a week.
  • Living on $330* a week ‘aint easy – ask your grandparents!
  • More super means more holidays, entertainment, eating out… yes: retirees still like to do these things!
  • Australians aren’t good savers. If we weren’t forced to put money away for retirement, most of us wouldn’t.
  • It’s like climate change: we have to act now to have an impact in the future/we have to act now to avoid disaster in the future
  • A recent OECD report had highlighted that more than one in four retirees in Australia have incomes below the OECD poverty threshold. Increasing super contributions will help you avoid a similar fate.
  • Super is good for the country - it's one of the reasons Australia weathered the GFC better than most.
  • Without the increase, three quarters of Australians will rely on some form of Age Pension in retirement.
  • There will be double the number of retirees in 2050, so more super means less retirement funding challenges.
  • All Australians need 12%, but women need it most - they live longer and take longer career breaks.
  • More super = more national savings = more money to build better roads, transport and infrastructure.
  • It’s hard to find a better investment – super offers more tax advantages than just about any other investment in the land.

  *Current Age Pension amount for a single person.