Allegation Big Bank Short-Changed Super Shows it Could Happen to Anyone

MELBOURNE, Australia, Feb. 22 -- Industry Super Australia issued the following news release:

Industry Super Australia says that if one of the nation's largest finance sector employers is not meeting its superannuation obligations to its employees, then it can happen to anyone.

According to news reports, thousands of Commonwealth Bank employees, stretching back to 2009, may not have been paid the full 9.5 per cent superannuation guarantee (SG), costing workers millio . . .

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