Steele Redux,
When I was first approached to sign up for Super I was told that it won't affect my old age pension & the Super will be quote;"a nice bonus" unquote. Of course this sounded very good.
Until they started moving the goal posts. Don't get me wrong I'm highly appreciative of this safety net but I can't help thinking that Super should have never been designed to replace the old age pension. That's a massive mistake. Blue collar workers never earn enough in the first place to be able to live just off their Super. It'd be much wiser to focus on improving the old age pension with a greater contribution from the employee & make Super a non-taxable, self-funded bonus & not employer-funded. The hordes of public servants getting their Super propped up to utterly undeserved & out-of-hand levels by taxpayers are now emptying the coffers.
Pensioners generally aren't savers, they spend & so they should because that's what's keeping local economies on the roll. Encourage pensioners to spend instead of persecuting them with taxes.
I know a public servant who retired at 62 on 72 grand a year & is now working again for a local council for 115 grand/year. Would you call someone like that a decent Citizen taking a job away from someone who really needs it ?

Superannuation, Labor introduced it Liberals fought against it
Using fear lies and loathing, maybe some did not want the wrong people getting so much money
Now with huge funds huge potential the LNP wants to get its hands on it tax it even tell us who we can have it with

"Homless because of unaffordable rents and an unaffordable addiction to cigarettes, both of which are a result of uncaring government policy"

Nicotine patches can be gotten on a script and are covered by PBS.

Dear individual,

Where did you get the idea that Super is employer funded? It isn't, it is employee funded and always has been. Whenever I was doing up my payroll I didn't look at the Super column and think it was my money I was chipping in for my workers. All I was doing was sending it direct to the funds instead of putting it into the paypackets. It was their wage and just like putting some into a Christmas fund it was all just a matter of distribution.

The Hawke Kelty accord was all about foregoing wage increases for payments into superannuation.

indy read and understand steelys post
As a union negotiator let me tell you we traded off against a list of employers wants and even gave away wage rises to put more supper in our pockets
In fact super started as a trade off for wage rises KPI Key Performance Indicators, the bosses wish list in return for pay rises and superannuation
Long list productivity number one always

So, what is the 12% employer contribution ?