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The superannuation revolution : Comments
By Everald Compton, published 18/6/2015So, paying a part pension to people who have inadequate superannuation will become an extravagance that Australia can no longer afford. It will have to cease until they qualify for a full pension.
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Meanwhile they accumulate tax free profits which, as a lump sum, they pass on upon death. There are no death duties, thanks again to conservatives.