Share
The Government argues that encouraging people to work longer is also helping them do something for their own benefit. However, increasing the retirement age is asking people to contribute time at a life stage when time is scarce. For boomers, being compelled to work later means that individuals are giving up something – time – that they cannot retrieve. With superannuation, individuals will get it all back, and more, at a time when they feel that they will need it most. It has only been 14 years since the introduction of compulsory super. It is evident that it is transforming not just retirement incomes but the relationship between citizens and government.
Related documents
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
Top Australian scientists unite in defence of science on Maugean skate
An ancient and endangered skate (related to rays and sharks), which can only be found in a remote corner of western Tasmania, could be wiped out by salmon farming, prompting an extraordinary warning from some of the nation’s foremost marine scientists. 14 Professors and five Fellows from the Australian Academy of Science are among more than
Why Dutton’s ‘one tune’ division and animosity didn’t work for Australians
Friends, Australians, countrymen, we come to bury Peter Dutton, not to praise him.
The kind of hypocrisy that has become so normal in Australian politics it almost slips past unnoticed
Governments say the right things about becoming a ‘renewable energy superpower’ and committing to net zero. But they keep approving new coal and gas projects as if the laws of physics don’t apply to Australia.