Business
Why your superannuation could make or break you – Yahoo Finance Australia
Increasing the super guarantee has politicians past and present up in arms. Dave Taylor breaks down the facts.
Why are former prime ministers and billion-dollar fund managers getting so hot-under-the-collar about superannuation?
Its just a big pile of money, right?
Not so much.
Its actually the single biggest investment many Australians are likely to own. And if, by retirement, your honey pot isnt so large, and youre still renting, welfare advocates say youre at risk of poverty.
So its a big deal.
Policy makers are trying to help build the honey pot for many Australian workers by increasing the amou…
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