Comedian Dave Hughes argues cutting public service super would save $2 billion
Commonwealth public servants get 15.4% superannuation. Private sector workers get 12%.
When the RBA raised interest rates, comedian Dave Hughes pointed out a gap in government spending on super. Public servants including MPs, parliament staff, and federal agency workers get 15.4% super.
Most private sector workers get 12%. Hughes said cutting public service super to 12% would save the government about $2 billion a year.
The difference applies to federal workers across frontline and special roles. Debate has grown online about whether government spending is driving inflation.
Hughes joins critics who blame the federal budget rather than corporate profit margins and energy prices.
- 15.4 per cent
- Public service super rate
- 12 per cent
- Private sector super rate
- $2 billion
- Potential annual saving
- 25 basis points to 4.85 per cent
- RBA rate rise
Why it mattersPublic service superannuation is a big cost paid by taxpayers. It sits at the center of the debate over whether government spending is driving inflation.
