Well they won't get their hands on my super!...as part of my cunning plan to send them broke I don't have any.... Mwahahahahah!

Super is just the old age pension in a different form.

With the aging population the govt just doesn't want to have to give out money to non-tax paying residents (I never use the word citizen any more because it has no meaning today like it had in Australia before the introduction of multiculturalism.)

Twenty years ago someone told me that super was a joke and that I should put my money into a house instead. Smart advice. A married couple who own their own house can get by quite comfortably on the combined old age pension. It's the finance companies that keep urging people to put everything into super so that that can retire as millionaires! Who want's to be a millionaire? I would rather be the satisfactorily off something that I am than a wealthy nothing.

Dear Luciferase,

Well I won't have to worry.
My salary is not in the six figure bracket.

The following website may just set the record straight:

http://news.theage.com.au/breaking-news-national/labor-reveals-superannuation-changes-20130405-2hafy.html

"We want to take superannuation above politics," Mr Shorten said.

LOL, that IS rich.

Shorten,
http://www.youtube.com/watch?v=GFELLK8htKM

Abbott's comments that superannuation changes were a "raid on people's funds" and there are "shades of Cyprus about it" (i.e we are a desperate basket-case like Cyprus where government is raiding capital, not earnings) show he is either a complete economic nincompoop, or, callously calculating to strike fear into us all. Take your pick.

But it's OK as he's not the Shadow-Treasurer, that's Joe Hockey, who says " Labor is trying to plug its Budget black hole with yet more taxes. Labor in its panic is once again raiding Australians’ superannuation – and it won’t be the last time."

These fear-mongers should understand the difference between capital and earnings and also consider making a cogent public case for re-extending the tax-free status to fund earnings above 100K p.a.

Dear Luciferase,

Of course Mr Abbott and his frontbench are going to
scream about the very mild reforms to Superannuation.
Afterall the reforms will get rid of the rorting
of the system by the rich. (those earning over six figure
salaries). So of course they will exaggerate and tell
falsehoods. Theirs is the politics of money and power.
It's the ideology of greed, filled by an unbridled
commitment to individualism. It leaves no room for
social equity, compassion or the idea of an
egalitarian society. They believe that there should
not be a restriction on the proper application of
capital (money) in the economy. People in their view
either sink or swim. And if they sink, well that's
too bad. Because according to them welfare is not good
for business. Tax loops for 16,000, to heck with the
rest earning under six figure salaries.