At the margin, more compulsory super will mean less equity in homes and more borrowing for homes. Australia already has one of the world’s highest household debt ratios.
Fraudsters have managed to exploit security gaps in the federal government's early release of super scheme. Here's what to look out for.
It is normally a bad idea to let super funds borrow, but these aren't normal times. There's a (limited) case for allowing them to borrow from the Reserve Bank.
The unintended loophole allows some people to keep their income and cut the tax rate on some of it to 15%.
Rarely do we think about what super is for, and even more rarely do we think about whether it is capable of achieving those aims.
Rather than offering early access to super, the government could allow people to borrow against it, at a zero interest rate.
The coronavirus stock market crash is more jumpy, and harder to rein in, in part because of the role of retirees.
The government's retirement incomes review should concentrate on boosting rent assistance and Newstart and fixing the pension assets test. These would achieve more than boosting super.
Michelle Grattan on the week in politics, including the travel ban, the royal commission into the bushfires, and labor's stance on a compulsory superannuation guarantee and zero emissions by 2050.
In a speech on older Australians released ahead of its Wednesday delivery, Anthony Albanese claims that, with economic growth and productivity, Australians could see higher super and higher wages.
All that would be needed is to adjust retiree tax scales and tax their super fund earnings at their marginal rate.
Super is inefficient, costly and directs money where it isn't needed. There's a way out.
An examination of 80,000 enterprise bargaining agreements finds that on average 80% of each increase in compulsory super has been at the expense of wages.
No single super contribution rate suits everyone, and there's only a clear case for an increase if there's no age pension.
An old political maxim is to 'never waste a crisis', but sometimes a crisis isn't enough.
Josh Frydenberg's review of the retirement income system will have to consider the growing hole caused by our decisions to delay buying homes for longer and longer.
Ross Gittins on the government’s “surplus obsession”
The Conversation, CC BY29.3 MB (download)
As the Australian economy continues to struggle, many argue that stimulus is needed, urging the government to abandon its "surplus obsession".
The inquiry will find we force workers to sacrifice income, pay tens of billions in super tax concessions, and still pay out one in every ten dollars of government earnings on pensions.
One of the questions is how much we need in retirement. Another is whether we need 12% compulsory super to get there.
Don't blame the global financial crisis. The Australian art market has performed poorly over the last decade - but there is plenty of growth potential.