@hotstocks; it's unclear whether that article represents the views of Clime's CEO or what may indeed be a wealth mismanagement company. After the incredibly self-indulgent, long-winded, shaming and blaming others 'introduction' I noted the following points:
"... I simply ask this – How can the ALP honestly and ethically develop or change the franking rules, that operate inside Australia’s retirement policy, without drawing upon a proper enquiry or investigation (ethical and intelligent) that supports it? …"It's my view that the precedent was set by John Howard who at no point in history never consulted with anyone beyond the top end of town [the likes of the IPA-BCA-MCA and Rupert Murdoch]. Labor is therefore under NO obligation whatsoever to do what organisations like Clime demand but is expected to reflect the values, needs and aspirations of all Australians - not just those benefiting from the way in which John Howard soiled superannuation.
Organisations like Clime demonstrate neither respect for nor a willingness to interact with Labor until it appears their $Greed is about to be impacted. It's pretty rich to make demands of others after treating them as crap. …"
"... I find it particularly disturbing that Australia does not have a clearly enunciated national retirement policy by which success or failure can be measured. By not having such a policy then there is no basis to access proposed changes. …"
It seems to me that it has escaped this author that the Liberal Party has been in government for 18 of the last 24 years, including periods when it had absolute control of both houses of Parliament. As for the Coalitions policy of rejecting everything proposed by Labor - go figure!
"... Australia’s superannuation system was created (theoretically at the time) to reduce the burden of a growing number of retirees/pensioners, on the Commonwealth pension scheme. …"
That's the opinion of the author of the article, in reality it was created to ensure that Australia's core values were honoured as they apply to people as they age; ensuring dignity for ALL elderly people and not just those who can afford it.
https://www.clime.com.au/weekly-investing-report/frankly-annoying/?omhide=true&utm_source=clime&utm_medium=email&utm_campaign=2019-05-16%20Investing%20Report&mkt_tok=eyJpIjoiWVRObU1ETmhaREl5T1RBMCIsInQiOiJwUGdhand5eU1KN1wvK2E2b2lGUVVRSEVYWWtvTGNkZEtlOTBcL1wvZHFNOTdidDg0NXFPMVFmRmVzaHZRRnVFSTROUGxXUzYyRUdcL3kxbERUM3p2bHRhbEo2Y2ZUVVwvS1VXcDZKRjNGaGFvQVNcL1h6eEx6WENpYmpqcFhqU2FsbjBiWCJ9
