The Great Superannuation Debate

Readers will be aware of the current debate following reports that the Government is wanting to initiate a public discussion about aspects of superannuation that need attention.

There are some background articles that ACPSRO have found relevant:

https://www.theguardian.com/australia-news/2023/feb/20/jim-chalmers-opens-door-to-changing-superannuation-tax-concessions

That article includes what may have triggered Treasurer Chalmer’s recent comments…. That is “the objective of super is to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way.”

You may also like to have a look at this article on all that is wrong with our current superannuation arrangements.

https://www.macrobusiness.com.au/2023/02/australias-superannuation-system-is-designed-to-fail/