delete Superannuation (Continuing Contributions for Benefits) Regulations (Amendment)
The amendment modifies the Superannuation (Continuing Contributions for Benefits) Regulations 2004, expanding circumstances where employers must continue superannuation contributions during employee absences (e.g., workers' comp, parental leave) and altering calculation methods, thereby increasing employer obligations.
It imposes unwarranted compliance costs on businesses, especially small employers, by mandating contributions during non-work periods, distorting employment contracts, and reducing labor market flexibility. Hidden effects include administrative burden, reduced hiring incentives, and infringement on individual financial liberty, perpetuating the harmful compulsory superannuation framework.