Industry funds push for gig workers to get paid super

Industry funds are lobbying the Albanese government to establish super entitlements for the gig economy as part of its upcoming regulation of the sector, estimating they would add $29,000 to the average gig worker’s retirement.

Industry Super Australia chief executive Bernie Dean said workers “critical” to care industries, and deliveries, have “every right to share in the benefits of what is meant to be a universal saving system”.“Paying gig workers super isn’t just the right thing to do, it makes economic sense because they’ll be more self-sufficient in retirement and less reliant on the aged pension, which we all pay for through taxes,” he said.

The report estimates such super contributions would grow to $17,200 at retirement if the worker spent three years in the industry and $28,700 if in gig work for five years. An Uber spokesman did not specify whether it supported super but said, “we support workplace reform that improves benefits and protections for gig workers while preserving the flexibility they’ve told us they value”.

However, since then, Mr Burke and the Department of Employment and Workplace Relations have held several meetings with platforms, as well as unions and workers.The department also published a list of guiding principles for the reforms, including that they “mitigate, to the greatest extent possible, unintended consequences for workers, businesses, consumers, and other aspects of the labour market”.

Mr Burke flagged in an interview in June on gig workers entitlements that “you want them to be able to get superannuation”.

This will lead uber eats to go bankrupt which is a good thing since they’re such a rip off. However Gig workers operate as sole traders or businesses hence they won’t be paid super.

Stop calling them Industry Funds…they are Union Funds. This is just another initiative to take money from businesses, and use it to increase union power

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