Share
243 Posts.
lightbulb Created with Sketch. 9
clock Created with Sketch. 13/06/19
05:41
Share
Originally posted by logco:
↑
The compulsory super was introduced by Labor and the unions to counter the fall in union membership that resulted in a fall in money that was going to them ,via the industry funds the unions and Labor can keep the money flowing the pension should have been made universal and we all payed in the same percentage everyone got the same pension when they retired,the industry funds are performing well now because the majority of people in the funds are contributors funds when the majority are on super pensions the performance of the funds will will start to fall.
Expand
"The tax deductions for superannuation now exceed the cost of the age pension"
