When it comes to superannuation, the figures speak for themselves

By Noel Whittaker
Updated July 2 2021 - 1:58am, first published July 18 2020 - 8:00am
When it comes to superannuation, the figures speak for themselves
When it comes to superannuation, the figures speak for themselves

Once again, compulsory superannuation is back on the agenda. Recently I debated an economist about this topic, and we had radically different views. He took the line that a lower paid worker was much better off having the 9.5 per cent employer superannuation in their pocket to spend now, or possibly put towards buying a house. He made the point that one of the best ways to have security when you retire is to have a paid-off house. I have no argument with that - it's stating the obvious.

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