What is super and how does it work? – Sydney Morning Herald

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Nearly 30 years after it was first introduced, Australias compulsory superannuation system is in the firing line again.
Australians have raided nest eggs to the tune of more than $30 billion and rising to soften the blow of the coronavirus. And there are serious questions about whether the government should scrap a planned increase in the rate of compulsory contributions from the current rate of 9.5 per cent of a person’s pre-tax salary to 1…

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