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How Payday Super is already changing retirement outcomes
Published 3 days, 18 hours ago
Description
Super is now paid with wages. Here’s what the change could mean for retirement savings and spotting missing payments.
More than three months after Payday Super began, the number of super payments into workers’ accounts has more than doubled. James Koval, policy and advocacy officer at ASFA, discusses compliance, retirement savings and what workers can check if contributions are missing with Tom Kennedy. The episode also explores what’s driving the Australian sharemarket and investor concerns about oil, US elections, interest rates, AI and China, with SBS Finance Editor Ricardo Gonçalves and Raymond Chan, private client adviser at Morgans.
In this episode
· What Payday Super’s more frequent payments could mean for retirement savings
· How workers can check their super and follow up on missing contributions
· What’s driving the Australian sharemarket’s recent gains
· How oil prices, US elections, interest rates, AI and China could affect investors]]
SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.
Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.
For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.
More than three months after Payday Super began, the number of super payments into workers’ accounts has more than doubled. James Koval, policy and advocacy officer at ASFA, discusses compliance, retirement savings and what workers can check if contributions are missing with Tom Kennedy. The episode also explores what’s driving the Australian sharemarket and investor concerns about oil, US elections, interest rates, AI and China, with SBS Finance Editor Ricardo Gonçalves and Raymond Chan, private client adviser at Morgans.
In this episode
· What Payday Super’s more frequent payments could mean for retirement savings
· How workers can check their super and follow up on missing contributions
· What’s driving the Australian sharemarket’s recent gains
· How oil prices, US elections, interest rates, AI and China could affect investors]]
SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.
Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts.
For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.