Morrison endangers retirement savings again., page-11

  1. 23,682 Posts.
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    You can't spin this into good policy, sorry.

    Superannuation is the key to reducing future taxpayer liabilities of an ageing population. It relies on the power of compounding over a person's working life to give them adequate funds for their retirement. If you start letting people remove large chunks of that early in their working lives, it will reduce their retirement funding by a huge amount.

    People need to start being forced to take responsibility for their lives, if you can't afford to buy a home, do something to change that like improving your education, whether than be to get a better job or learning to invest/trade in the markets or whatever, there's no shortage of opportunity in this country to make money if someone wants to.

    Terrible, short sighted policy
 
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