Cassandra Fernando (Holt, Australian Labor Party) Share this | Link to this | Hansard source

I was shocked to learn that my electorate of Holt is the unpaid-super capital of Victoria following the release of a report by Industry SuperFunds. The average resident in Holt has approximately $2,001 in super owed to them as we speak. This is commonly a result of employers believing that because the current payment is made quarterly they can get away with skimming on super in the intervening months and hoping their staff won't notice. They think that if you are a worker from a lower socio-economic background or have language barriers you won't notice missing super.

I am delighted that the Albanese government has acted swiftly on this matter. By 1 July 2026 employers will be required to pay super on every payday. This will greatly assist workers in keeping track of their super payments while also removing the burdens on employers to hold on to super payments until every quarter. Superannuation is not a privilege; it is a right, and all eligible workers deserve their money so they can have a secure future. Ensuring payday super is a fantastic step to address the scourge of unpaid super in my community of Holt and across Australia. I thank the House.