Are YOU owed cash? Hundreds of thousands of Australians are set to share $588MILLION after they were short changed by their employers
Almost 400,000 Australians will see a welcome boost in their superannuation balances after being ripped off by their employers. The Australian Tax Office estimates $588 million in unpaid or underpaid superannuation will be handed to those eligible after 24,000 employers came forward to fess up to the error. Some unpaid amounts could date back almost three decades to when compulsory super was first implemented in Australia. The 393,000 Australians short changed employees will have funds paid into their super funds or straight into their bank accounts if they've since retired. Thousands of Australians have been short changed on super by their employers. Pictured are Sydneysiders going about their daily lives last week Employers were recently given six months to admit their mistake of underpaying workers between July 1, 1992 up until March 31, 2018 as part of the federal government's superannuation guarantee amnesty. The aim of the amnesty was to reunite Australians with their ha