There’s a great way for unions to directly support the automotive sector themselves. Wonder why they’re not using it, ask Glenn Dyer and Bernard Keane?
Superannuation funds
Women lumped with thin end of retirement wedge
The ABS has again produced data that shows women are lagging badly behind men in one of the pillars of our retirement income. This is because our highly subsidised superannuation system is based on pre-retirement earnings.
Kohler: stranded at super’s ground zero
The aim of retirement incomes policy in Australia for two decades has been to shift the burden of risk to individuals before the next big bear market hit. It worked quite nicely.
Your Say: Daily Mail readers' feedback: Lemmings are cute, fund managers aren’t
Crikey readers have their say.
Fund managers, investors on the Lemming Express
Why the shares in probably the safest of the sectors in the market had to be sold yesterday in their millions, and were then bought back in the afternoon, will be the biggest mystery of yesterday’s outing by the lemmings of Australian finance.
Push for higher super contributions using women as stalking horse
Look carefully at who is pushing for the rise in super contributions to 12%. The clear beneficiaries will be the finance industry, union funds and high income males.
Cox: a centenary of continuous struggle for women
Women still have a long way to go for equality and we need to get moving because there are serious issues that cannot be solved by economic modelling of independent self-interested masculinity equations.
Kohler: Simplifying the super system
As part of the restructuring of Australia’s superannuation system, the big funds will be divided into two key groups essentially ‘care’ and ‘don’t care’, writes Alan Kohler. Most people don’t care or don’t choose their super fund.
Backpackers and 457s subsidise your tax cut
Tucked away in the fine print, well below the $34 billion headline, is an ironic twist: backpackers and 457 visa folk will provide nearly $900 million of those tax cuts, writes Michael Pascoe.
Delay on climate change: the superannuation fallout
Generation X can add another entry to their ‘Reasons I Remain Disaffected’ list — the Climate Institute are today warning that there’s a serious risk that delayed action will harm Gen X. They stand to lose up to $1300 in superannuation for each year of retirement, writes Sophie Black.
The Economy: The economy is strong
Economics is again prominent on public discourse. Economic data is spewing forth, with two climaxes next week. The first is the Reserve Bank board meeting and the second is the national accounts for the June quarter.
