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  • Reliability

    We seek feedback and advice about the methods we use to estimate the gap from our external and internal subject matter experts. Based on the advice and assessment, the reliability rating for this estimate is medium (with a score of 19).

    A medium rating means the gap is in a maturing phase and that material assumptions are tested through qualitative or quantitative methods. The rating also reflects that the estimate has a degree of uncertainty due to the methodological constructs, data limitations and margins of error inherent in the data.

    The ABS regularly revise their Australian National Accounts data, including the Compensation of Employees component. This can lead to revisions to prior year gap estimates in future updates. We will continue to revise and where possible improve our estimate; including our understanding and estimate for the shadow economy.

    Figure 3: Reliability rating scale from very low to very high – super guarantee gap

    Figure 3 This image is a graphical representation of the reliability rating for the current super guarantee gap estimate. The rating scale includes: Very low, which is a score between 0 and 10. Low, which is a score between 11 and 15. Medium, which is a score between 16 and 20. High, which is a score between 21 and 25. Very high, which is a score between 26 and 30. The graph shows the medium business gap estimate has a rating of 19, which is medium.

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      Last modified: 19 Oct 2021QC 57181