This is more misguided rubbish. Older retirees have had their super funds raided by both sides of politics in the past . At one stage contributions were taxed at 15% plus another 15% if your income exceeded $70,000. Then profits in the fund were taxed at 15% , followed by another 15% when the pension phase kicked in. This made Australia the highest taxing country in the world when it came to retirement funding. Then the Howard Govt eliminated tax in the pension phase , which was the right thing to do. Now we have some clowns wanting to remove concessions and increase taxes. Our politicians are amongst the dumbest in the world . The most simple solution has always been to make all contributions and profits in the fund tax free. Then tax the pension phase just like ordinary income. Other countries, somewhat smarter than ours , do this. Imagine the simplicity .
