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Federal Government to assess superannuation, housing recommendations from Retirement Income Review – ABC News
The wide-ranging Retirement Income Review suggests Australians draw down on their superannuation balances and use equity in the family home to fund their retirement….
Australians could be encouraged by the Federal Government to draw down on their superannuation balances and use equity in the family home to fund their retirement, rather than rely on increases in compulsory super contributions.
Key points:
- The review was delivered to the Government in July but will be released publicly on Friday
- Parts of it focus on the potential negative effective a compulsory super contribution increase could have on wages
- Treasurer Josh Frydenberg says the report “reaffirms the…
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