Enforcement/fwoCWLTH

FWO investigation — Commonwealth Bank (super underpayment)

compliance notice4 Sept 2024

Respondent

Commonwealth Bank of Australia

Facts

CBA self-reported underpayment of superannuation guarantee to ~7,400 employees over multiple years.

Outcome

Backpayment plus interest plus admin uplift paid; SGC reported to ATO.

Read the source

https://fairwork.gov.au/about-us/news-and-media-releases/website-news

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