The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area



Syndicate
RSS/XML


RSS 2.0

Main Articles General

Sign In      Register

The Forum > General Discussion > Why the big deal about super

Why the big deal about super

  1. Pages:
  2. 1
  3. Page 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. All
It is big finance that is pushing for an increase in super contributions.The worker is getting gouged with fund fees.They need the money to prop up their derivative gambling scams.
Posted by Arjay, Sunday, 19 May 2013 9:29:31 AM
Find out more about this user Visit this user's webpage Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Labor are hypocrites, liars. The government discriminates against its own staff, including soldiers they require to lay their lives on the line for the country.

It is years now since a parliamentary committee identified the unfairness of the (discounted) CPI indexation of government employees' superannuation. It quickly erodes the value of the government employees superannuation, leaving them in a situation where the superannuation they paid for gives lesser benefits and lifestyle in overall terms than the age pension they are excluded from.

Yet the politicians themselves have the recommended indexation against wverage male weekly earnings which reduces the impact of inflation. As well, the politicians have voted themselves large salaries and other benefits.

Forget all of the rhetoric from self-serving politicians like Bill Shorten and Julia Gillard. It is their behaviour that unveils their lies. None of them give a fig about the government's own employees so why should anyone believe their concerns about other workers. Politicians are in the highest group of earners and strangely enough while Labor PMs always start off with very average means, most are millionaires in retirement, as well as being guaranteed that golden handshake from taxpayers.

Anyone noticed how Labor politicians are getting in for overseas travel at present? Just greed to soak up whatever benefits they can get before the election.

Again, these Labor politicians who claim to be concerned about workers' superannuation are the same politicians who will not even talk about the unfair CPI indexation applied to their own employees. That is despite a parliamentary committee's strong recommendation. Hell would freeze over before these Labor politicians would have the same unfair CPI indexation applied to their own superanuation.
Posted by onthebeach, Sunday, 19 May 2013 12:20:03 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Arjay too true!
A blinding lazy attitude covers the eyes and ears of some in relation to super.
I must first warn every one to get help.
But offer this.
1 some bosses few but some, pick your fund, you have the right to pick your own, the you at works end will curse you if you do not look in to it.
Low cost ones exist, look at who is constantly in the top ten of funds based on earnings.
Check your money is safely invested not shonky or dangerous high earning but likely to go broke.
Watch for traps, some few but some take all your funds if you with draw early.
DO NOT keep multiple funds, one fund one fee,Use tax office web page to see how many funds you have,BE AWARE ONE is best for you.
Workers industry funds charge far less,are not profit making and not union run.
I have never doubted reform of welfare is a must, more likely to come from Liberals but will not be changed by Labor, common good stewardship of your supper can see your older self happy, if not very sad,act now.
After all that? I can tell you this, some will read it and say yes! been meaning to do that! get it done first thing!
And take no action at all.
Such was my life trying to help sometimes after a work place death,sort out a simple thing that could have bought thousands in insurance to the wife and kids left behind.
It after all is real money! look after your self never meant so much.
Posted by Belly, Sunday, 19 May 2013 4:22:27 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
So Paul, what happened to productivity driven increases and trade offs, because labor want to increase super, yet productivity under their watch has taken a dive.

So i say again, at what point are people going to take responsibility for their own futures?

As; for choosing funds, this should be outlawed for all contributions other than those made by themselves, because after all, the super is there as a replacement for the pension, not a gambling fund.

BTW, I am not a bad person at all. I would gladly share a beer while watching a game of footy with anyone.
Posted by rehctub, Sunday, 19 May 2013 7:20:51 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
rehctub you asked "what happened to productivity driven increases and trade offs, because labor want to increase super, yet productivity under their watch has taken a dive."
The government could counter your assertion by producing figures from the Productivity Commission which would debunk your claim that productivity has taken a dive, in fact they would argue it has risen under their watch.
"So i (rehctub) say again, at what point are people going to take responsibility for their own futures?
People would say they are doing that what you ask, by giving up pay rises, coupled with productivity increases the trade off is an lift in the rate of superannuation.
Rehctub I am not a supporter of Labor, but I do agree with this, and can clearly see the benefit, not only to the individual, but to the nation as a whole
Posted by Paul1405, Sunday, 19 May 2013 7:54:51 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
onthebeach are you related to Rechtub?
Thanks and good by as far as this thread is concerned.
Rechtub in presenting this awful proof he understands nothing of it, gave onthebeach a chance to rant.
It gave Paul the chance to prove he can,if he wishes talk sense.
But it too gave me a platform to *BEG* a few? a tenth of all who have super funds! to treat them as vital for their future.
I never walked in to a construction site lunch shed without finding at the very least, that percentage who needed help.
In such work, and our country in general, about one in six can not read or write.
ONE PHONE CALL!
Nothing hard, ask the scheme of your choice if you need to, to get ALL YOUR ACTIVE SCHEMES PUT IN TO ONE!
You can pay, in the wrong scheme up to 700 dollars a year! in fees, nothing going in to a 5.000 scheme 700 coming out?
Posted by Belly, Monday, 20 May 2013 7:51:22 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. 1
  3. Page 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy