The Coalition is running out of time to do worthwhile things.
Facing overwhelming odds of defeat in the election due within weeks, one of its last throws of the dice should be to do something Labor would never do, but which is urgently needed and would set us on the right course for the future.
It’d also cause some trouble for Labor along the way.
It is to launch a full-blown inquiry into the superannuation system Labor has lumbered us with.
- ^ Source: Australian Tax Office (www.ato.gov.au)
- ^ 0.5% in July 2021 (www.superguide.com.au)
- ^ twice the rate it has been (www.superguide.com.au)
- ^ without lifting super contributions (www.pc.gov.au)
- ^ found no need (taxreview.treasury.gov.au)
- ^ May 2, 2010 (www.scribd.com)
- ^ Recommendation 30 (www.pc.gov.au)
- ^ will not be seriously disputed (theconversation.com)
- ^ Productivity Commission finds super a bad deal. And yes, it comes out of wages (theconversation.com)
Authors: Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University