Comments on: Kennedy distances Treasury from super drawdown compulsion

By: David Adams

David Adams — Thu, 27 Feb 2025 00:05:06 +0000

The problem with the word “choice” being used anywhere near super is that it implies a default.

By: Victim of labour theft

Victim of labour theft — Thu, 27 Feb 2025 00:01:41 +0000

Keep your snout out of the trough treasury. The Labour Party are looking for more ways to tax the savings of retirees, because they’re too gutless to tax the miners and the emerging oligarchs in Australia. This pathetic Government has sold the farm, and their only response is attack the retirees and the middle class. This is the problem when you have an ageing population, an unfunded Social Security, unfunded and rorted NDIS, no tax on big business. They only option is to hit the middle class and small business again.

By: No Freaking idea

No Freaking idea — Wed, 26 Feb 2025 20:45:24 +0000

Treasury being part of the Govt that has designed the worlds most complex retirement system.
The same morons that have tripled the cost of advice over 20 years with ever increasing Red Tape regulations.
Including FARSEA, LIF & removing Grandfathered Comms that wiped 45% of adviser out over last 5 years.
Now these Govt morons wonder why people can’t make good retirement choices because they can’t get or afford good Real advice.
Do these morons have any idea of the mess they have created and keep creating ?