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Regulatory

Government cracks down on salary sacrifice loophole

The Federal Government will take action to close a loophole that allowed employers to short-change employees who chose to make salary sacrifice contributions to their superannuation accounts.

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Read more: Superannuation,  Salary sacrifice,  Superannuation Guarantee,  Loophole,  Working Group,  Industry Super Australia,  Federal Government,  Financial services,  Kelly O'Dwyer,  Matthew Linden