Category Archives: Superannuation

Nationalise Super?

Alan Kohler has cashed in the franchise with a piece in the Australian today advocating that Super be nationalised. Superannuation is the only product where choice and competition are not only completely pointless, they are counter-productive. That’s because choice and … Continue reading

Posted in Budget, Economics on the left, Superannuation | 80 Comments

Plenty of places to go

It turns out the government knew that its Super policy announced in the budget would be unpopular: A spokesman confirmed the government knew when it put the budget together there would be a backlash over the measures, especially from its … Continue reading

Posted in 2016 election, Superannuation | 61 Comments

Retrospectivity is the new black

I spent the weekend in Sydney at the 4th Annual Friedman Conference talking to a lot people – but mostly about just one thing. Just how bad the Turnbull government’s retrospective superannuation changes were. Opinion varied from: “Yes, it is … Continue reading

Posted in Superannuation, Taxation | 23 Comments

Is “already” past tense or future tense?

So here is an entire paragraph in The Guardian that can’t be faulted: The Coalition should pull their socks up. And Labor should be ashamed. Isn’t that always true? Okay the rest of the article isn’t good. The argument being … Continue reading

Posted in Superannuation, Taxation | 26 Comments

There will be no Super tax increase under a government I lead

Just to remind ourselves: One of my favourite YouTube clips of all time. Well here is the updated version: Update: Now defunct Liberal advert.

Posted in Superannuation | 12 Comments

Them’s fighting words

Niki Savva in The Australian: Bleating baby boomers with $1.6 million in the kitty may not be many in number, or attract sympathy from the remaining 99 per cent of voters, but they are loaded and fired-up, despite repeated assurances … Continue reading

Posted in Superannuation, Taxation | 38 Comments

There has never been a more exciting time to be a member of the IPA

Here is Jennifer Hewett writing in the AFR: Malcolm Turnbull insists it’s “very, very clear” that the Government’s proposed changes to superannuation are not retrospective at all. Actually, there’s absolutely nothing about super that is very, very clear – certainly … Continue reading

Posted in Superannuation | 61 Comments

You go first

The AFR has an article this morning about Scott Morrison targeting high-income earners: The Turnbull government’s message last year was clear: Australians must be prepared to fund their own retirement. Not only is the government likely to stay on message … Continue reading

Posted in Budget, Superannuation | 97 Comments

National savings and super

Having been part of the Superannuation Wars of 1985-86, when Bob Hawke tried to bring in award-based superannuation but eventually had to settle for the much more comprehensive Superannuation Guarantee, what I find astonishing in the recent debate is any … Continue reading

Posted in Federal Politics, Superannuation | 19 Comments

Eleventy billion dollars, or something

This morning we woke up to yet another proposal to tax superannuation so that the government can reap yet another astonishing large amount of money in otherwise foregone tax revenue. The important thing when doing this sort of analysis is … Continue reading

Posted in Superannuation, Taxation | 78 Comments