Category Archives: Superannuation

How does that slippery slope work?

So yesterday on the way home I was listening to Melbourne ABC radio.* They were interviewing Dr Bronwyn King (an oncologist) from Tobacco Free Portfolios. It was only during a meeting with a representative of her superannuation fund in 2010 that Bronwyn … Continue reading

Posted in Hypocrisy of progressives, Superannuation | 27 Comments

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