Shadow Parliamentary Secretary for Defence Gai Brodtmann has welcomed the Government’s decision to back down on its proposed two-tiered superannuation system for the Australian Defence Force.
The Government has today introduced legislation to establish a specific superannuation fund for ADF personnel, to be known as ADF Super, to replace the existing superannuation scheme.
Under ADF Super, the employer contribution rate will be 16.4 per cent for all personnel, which clearly recognises the unique nature of military service.
“Labor strongly opposed the Government’s initial proposal to create a two-tiered system,” Ms Brodtmann said.
“Labor has argued since February that a two-tiered super system would have undermined the team ethos of the ADF, and served as an administrative nightmare.”
“It is clear the Government has finally accepted this.”
Labor also welcomes legislation to facilitate a more flexible workforce, which will enable Project Suakin initiated by Labor when in Government.
Labor will now carefully consider the legislation introduced in Parliament today, to ensure it achieves the best possible outcome for all ADF personnel.