The winding down super to boost the economy is at best very short sighted for the following reasons
1. Eventually a cohort arrives at retirement age and goes on the pension some of these would have been part pensions https://www.superguide.com.au/smsfs/age-pension-is-super-benefit-counted-towards-centrelink-assets-test Therefore a future cost is incurred 2. Typically as individuals reach superannuation they withdraw part of their super balances in lump sum to spend it as well as taking a regular payment. Winding down super takes this stimulus out of the economy . (This raises the fascinating question of how much the present economy is being held up by superannuants ) IT is not untypical to upgrade car whitegoods etc at this time
