UniNewcastle saves its super stuff-up

Back in July the University of Newcastle told staff that it seemed to have stuffed-up some of their super but details were scant because no-one knew who was effected and for how much. The university promised consultants Deloitte would find out (CMM July 27). Which they did, analysing eight million payroll transactions between 2009 and October this year to discover 6316 present and former staff effected. In-line with the University of Wollongong, that had the same problem, (CMM, April 6 2017) Uni Newcastle will write off over-payments and will pay principal and interest to people short-changed on super. Vice Chancellor Alex Zelinsky says $13.37m is budgeted to make-good.


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