Super is an expensive way to provide retirement incomes ,it cost...

  1. 25,172 Posts.
    lightbulb Created with Sketch. 72
    Super is an expensive way to provide retirement incomes ,it cost far more than a universal pension would cost.
    Already the super contribution tax foregone by the federal government is about the same as the cost of the pension and then there is the $32 billion paid in fees,both of these costs are rising and the present super system is making rich people richer at the expense of the poor.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.