There is a problem with retirement incomes, but it isn't the super guarantee
- Written by Andrew Podger, Honorary Professor of Public Policy, Australian National University
The problem is that extra savings cut the pension, it isn't the idea of extra savings.ShutterstockThere is a case for not proceeding with, or at least further deferring, the legislated increase in employers’ compulsory superannuation contributions from 9.5% to 12%.
But the Grattan Institute’s latest analysis, published in The...
Read more: There is a problem with retirement incomes, but it isn't the super guarantee
