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are you talking about the money coming out of the wages paid? I...

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Scott th Ratbag

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22/05/24

00:26

Post #: 73943913
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Originally posted by andyno3: ↑

OK hear me out. why do we have the RBA rising interest rates to make the bank's richer? to cool the spending slow down the economy.

Ok so why not make people pay more into super, companies already do this and it would be simple to up the rate say take another 5% of income and put it into super, this works two fold takes money out of peoples spending pocket and make more people self funded when they retire.
Icant see anything wrong with this only plusses can anyone see this not being a good policy?

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are you talking about the money coming out of the wages paid? I don't think that would work.
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