The Innovation of ART

The magic of the superannuation system in Australia. Having mandatory rather than optional savings and having those savings managed by a competitive private ecosystem versus public pensions has a lot of benefits. One of them is you just get a gargantuan pool of savings that can lead to some recession proofing of the economy. These savings pools become individuals largest single assets and they're protected on their behalf by Australian regulation. What a great system. I'm sure it has its flaws but wow as compared to an unfunded tax deferred liability like US Social Security I think it's a step up. So Ian now you're going to talk for most of the rest of this time we've been talking too much