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68. Economist Dr Cameron Murray - Scrapping Super, Affordable Housing, Inflation and Political Corruption

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Is the Super System a Retirement Income System for the Elderly?

Public opinion would be it sounds better on paper to self ensure than to use other people's money in the pension. But you're saving so that you can spend, right? You're not saving for saving sake, right? No, of course. The super system as a retirement income system is not there because saving is good. It's because there is an income stream for the elderly that results from it. And we don't need that to create the income stream forthe elderly. That's the thing. Just on that though, isn't the pension under stress and like, wasn't there projections that it was going to cost the taxpayer ? Maybe I'm just throwing it out. Yeah.

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