delete Superannuation (CSS) (Productivity Contributions) Regulations 2002
The instrument regulates productivity-related superannuation contributions, expanding compulsory employer superannuation obligations beyond the standard guarantee rate.
Mandatory superannuation infringes on individual liberty and contractual freedom, raises labor costs that reduce employment—especially for low-skilled and young workers—and creates compliance burdens for businesses. Unseen effects include suppressed wages, capital misallocation into often high-fee financial products, and contribution to housing inflation via super fund real estate investments.