68. Economist Dr Cameron Murray - Scrapping Super, Affordable Housing, Inflation and Political Corruption
Aussie Firebug
00:00
Is Your Superannuation Fund a Package?
The idea of lifetime income smoothing is that when you've got very high income, you put money away to ensure your other periods of time when you have a low income. Most people in their 20s and 30s are both a low income period plus a high spending period because you've got multiple people to support on that income. And yet, they're the years that the super system forces you to put money away for when you're 60. It just simply doesn't work.
Transcript
Play full episode
