Superannuation could be the next 'Mediscare' as super wars reach boiling point

The Mediscare approach

He is suspicious members of the Coalition want to get rid of superannuation altogether but says any moves to hurt the fundamentals of the system would be opposed by voters. In fact, he thinks the ramifications would be as significant as Labor's 2016 campaign against the Liberal government over Medicare.

While he acknowledges the recession is a tricky landscape for policymakers, he thinks super should be at the "bottom of the list" for changes and there's little merit in the argument delaying the super guarantee will affect wage growth. Labor spokesman for financial services Stephen Jones agrees with the Medicare analogy, saying the opposition is prepared to have the debate out in public to "remind politicians what people really value".

Any extension to the early access scheme introduced by the government at the height of the pandemic to allow workers to access up to $20,000 from their retirement savings would be particularly concerning, he says, along with any use of the funds to help first-home buyers, as proposed by MP John Alexander and Senator Andrew Bragg."If super is seen to be the magic pudding you use to fix everything, it will fix nothing ... It's an existential challenge to superannuation," he says.

How much super do the pollies get, too good for us eh...

Morrison and his liberals are a CLONE OF TRUMP AND THE GOP !! Look at all he does ! He is a liar , corrupt, never works w/ends , incompetent and MORRISON GLADYS DUTTON ARE RESPONSIBLE FOR THE COVID19 CATASTROPHE!! They allowed the ship to disembark!! He does what tRump does !!

A 'non core' promise is how John Howard would characterise it

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