The Sacred Cow of Superannuation The recent proposal by One Nation to allow Australians to withdraw a quarter of their compulsory super contributions as take home pay has sparked a heated debate about the role of superannuation in the country's economy.
While some may view this as an attempt to alleviate cost of living pressures, it is a misguided move that would ultimately do more harm than good. The $4.
8 trillion superannuation pool, set to reach $8 trillion by the end of the decade, is a testament to the success of compulsory super in Australia.