Guys, you are all making sense to a degree. But let's not forget that super is only a concessionally taxed trust structure and not the governments money (or ours theoretically, as it is held in trust for us). Just because the guys at your work didn't trust it doesn't mean it's not good. It just meant they were perhaps sheep, but that's their prerogative.
It is tempting for the government to tweak and I may be proven wrong in time but the temptation is in balancing a reliable tax revenue stream with not making it too attractive. If they want to control how the funds are invested e.g. infrastructure, then I expect tax incentives would be used.
Bacci, that's a good point about tax rate and age. For a young worker earning 50k, it's not a priority. Legislative risk is always there, but so is political risk for any party that overdoes the power trip.
