Financial Standard Comments - SG Bill enters parliament with strong support The Superannuation Guarantee (Administration) Amendment Bill has entered the House of Representatives today with the support of associations and government, with Minister Shorten introducing the abolishment of the age limit. https://www.financialstandard.com.au/feed/latest?story=12438013 Wed, 02 Nov 2011 15:02:15 +1100 Wed, 02 Nov 2011 15:02:15 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Malcolm X () Super is a great product to force savings for retirement.
With an ageing baby boomer market moving into retirement it is a real issue for Government how they will fund it.
The baby boomers have contributed to taxes through a period of high growth and prosperity.
I still do not understand nor believe the public sector should have their superannuation payments guaranteed when the rest of public don't? And it's the struggling public who are funding this inefficient perk (amoungst all the others in the public service)
Increase forced savings, but remove protectionism to public servants super. After all we live in a free economy, a fact the public service in their bubble don't.

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]]> Malcolm X () Wed, 02 Nov 2011 15:02:15 +1100