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Thu Jun 20

Myth busted. Boosting super would cost the budget more than it saved on age pensions

Written by Brendan Coates, Program Director, Household Finances, Grattan Institute

Compulsory super takes money out of the government's coffers faster than savings on the pension put it back in.Shutterstock

It is often claimed that Australia’s superannuation system will ease the budgetary burden of an ageing population. It’s certainly the impression put about by those pushing for an increase in employers’...

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