Political cowardice on ‘self-funded’ super

by Richard Denniss in The Australian Financial Review

Share

Originally published in The Australian Financial Review on September 4, 2012

There are two fiscal elephants in the Gillard government’s cabinet room. The first and better known elephant is the fact that the government’s wafer-thin surplus has been crushed under the weight of a slowdown in revenue forecasts and a speed-up in new spending announcements. The second elephant is that the cost of so-called “self-funded” retirement is not only the biggest, but fastest-growing area of government outlays.

Related documents

Attachment

Between the Lines Newsletter

The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.

You might also like

Super-powered nukes: Is your superannuation funding weapons of mass destruction?

by Adam Gottschalk

When you choose your superannuation fund, you’re probably not thinking about weapons of mass destruction. But it might surprise you to learn that if you’re with one of Australia’s largest funds, your money is going into the production of nuclear weapons. Research published last month by Quit Nukes and The Australia Institute found that 13

Stage 3 Better – Revenue Summit 2023

by Greg Jericho

Presented to the Australia Institute’s Revenue Summit 2023, Greg Jericho’s address, “Stage 3 Better” outlines an exciting opportunity for the government to gain electoral ground and deliver better, fairer tax cuts for more Australians.