Wow Keating on ABC as Arrogant as Ever....
Super was a Giant Stuff Up IMO.
We Pay quite High Taxes,
Yet they didn't want to Pay the Pension,
And Give Anything Back, EVER.
With the Millions of People Paying Hundreds of $$$$,
Paying Super Fees Each Year,
Billions of Dollars is getting Stolen By these Low Life Super Funds Each Year!!!!.
It Really Just Lines Super Funds Pockets,
And Was a way for the Gov. To Weazel out of Paying the Pension.
Another Problem is the Funds Have Been So Greedy,
They have Wiped entire Funds out in Fees.
This has happened a lot in the construction industry,
Where people work on a Project, Just Go with the default Super Co.,
Then work for Another Employer on Another Project.
They have Several Super Funds,
that the Low Life Super Funds take Fees for No-Service, Such as Life Insurance,
When they are well aware no Funds are going into that Account Anymore,
And You no longer work for that Employer.
All Super Does is Let these White Collar A$$holes Steal Money in Fees,
Prop up Stocks,
And Stop Aussies getting a Pay Rise.
He Absolutely Wrecked Australian Living Standards,
But Still Doesn't get It.
Hawke was the one with Brains, that was on the Board of the Reserve Bank,
When a House Cost 3x the Average Australian Wage.
Now It is 10X the Average Australian Wage,
Australia is one of the Most Expensive Places in the World to Live when compared to Wages,
And our living Standards are Among The Worst in any 1st World Country.
