Todays newsprint discussing the Govt 'defining' the purpose of Super in order to direct (read change) future Super policy (read 'CAP" Super). Quotes 11,000 Australians have over $5 mill in super, and cost the govt around $1.5 bill in lost taxes. I agree with the notion of caps and limiting super in terms of its intergenerational wealth transfer exploitation, but we need to be vigilant and open about it, transparent (like the SA Govt taxpayer funding for Sam Smith (et al) concert... sneaky narcissistic a-holes indeed.
