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MirCat

10,468 Posts.

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05/02/23

18:40

Post #: 66081395
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Originally posted by nippy: ↑

Yes but this is the reason Superannuation is actually a tax rather than an investment.

Older generations got their wage rises in their wallet to spend and still got the pension anyway. Another way younger generations are being ripped off.

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Crap! The Federal govt pinched the money that was taken from wages and supposedly put aside for that pensions in the 50 - 60’s.

All that money disappeared into consolidated revenue possibly paying for ur upbringing!

Blame the govt for ur deluded generational bias….they have the power to rip any generation off!
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