Costello and Keating have had their day!!!
What about all those folk who he encouraged to put $1 million into super only to see their money disappear (due to current events). They sold their investments, paid Capital Gains Tax which already reduced their investments.
It gets better you can put a further $150k into super each year or $450k over 3 years.
Oh and then there is salary sacrifice. You put it into super and giver it away (that is a real sacrifice).
He protected "Fat Cats" who were protected from sacrificing too much of their hard earned cash.
Simplified super!!!! Sure is it's going down the sink.
Baby Boomers I hope you all enjoy your jobs.
Costello and Keating have had their day!!!What about all those...
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