Myth busted. Boosting super would cost the budget more than it saved on age pensions
- Written by Brendan Coates, Program Director, Household Finances, Grattan Institute
Compulsory super takes money out of the government's coffers faster than savings on the pension put it back in.ShutterstockIt is often claimed that Australia’s superannuation system will ease the budgetary burden of an ageing population. It’s certainly the impression put about by those pushing for an increase in employers’...
Read more: Myth busted. Boosting super would cost the budget more than it saved on age pensions
