John Daley, Grattan Institute

The superannuation myth: why it’s a mistake to increase contributions to 12% of earnings

So much of the national conversation about superannuation simply assumes that “savings for retirement” is synonymous with “superannuation savings”. This is a big mistake. This mistake partly explains why we got into such a mess with excessively generous tax breaks for super. It also underlies misguided plans to increase superannuation… Read More »The superannuation myth: why it’s a mistake to increase contributions to 12% of earnings

Tax-free super is intergenerational theft

A number of politicians have struggled this week to explain the Turnbull Government’s proposed changes to superannuation. Given the complexity of the area, that’s not surprising. And this complexity explains why intergenerational “theft” through superannuation has continued for so long. Transition to retirement (TTR) provisions, introduced by the Howard Government… Read More »Tax-free super is intergenerational theft