Council of Super Custodians

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Labor will create a Council of Superannuation Custodians to guide changes to the superannuation system. The Council of Superannuation Custodians will help take superannuation decisions out of the annual budget cycle and will ensure the overarching integrity of the system.

This will take effect after Labor enacts its already announced changes to superannuation tax concessions, and other changes to superannuation to make the system fairer, including paying the Superannuation Guarantee on Paid Parental Leave and enshrining superannuation within the National Employment Standards.