As a person now closing in on retirement, I admit I had no idea in my 20s how much my future, and the futures of those close to me, would depend on my superannuation savings.
Our super funds say they want to invest more in the net zero transition but that regulation blocks them. It’s time to put them to the test, and turn their piles of money toward a greener future.
Peter Martin, Crawford School of Public Policy, Australian National University
The increase will come at the expense of wages, and in the view of two inquiries - a decade apart - is something we don’t need.
As the dream of home ownership eludes more and more older Australians, this has big implications for retirement, pensions and government spending on rental assistance.
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Until now most people have eventually owned a home. But two trends – falling ownership and a growing aged population – will put the budgets of retirees and government under real pressure.
Tax rules baked into superannuation favour those on low and high incomes.
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