Australia is essentially:-
1. A big pub...
2. A big farm....
3. A big quarry.....
There are plenty who have bludged off it in the past, but the current mining boom and future need for our resources is securing our future. Those investing their money in superannuation funds will be richer. Those looking for handouts will still get them.
In ten years time my super fund should be worth $1m (est. 7% yield) and I'm only 45. No need to bludge off the workers where I come from.
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Bruce Garlick, Executive Chairman
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