Who didnt see this coming from a decade or 2 away!?!?

At what point are we going to get to before we riot... am I the only one thinking this.

So Malcolm still doesn't understand how the system works

Make no mistake, any time a government forces you to pay into a fund, it is a tax... Sometimes, and under some conditions, you get the money back. But it is a tax, just under a different name.

The plan all along

Thats all it ever was supposed to be, just had to push it a few generations before they started taking out of the piggy bank

And when you retire, they say sorry, we had to spend it.....

Savings are a national asset. Before compulsory super, Australians had really poor savings. Its one of the biggest reasons we have a decent economy.

Start your own SMSF. They cant touch it.

Albo is on his way out the door

Sounds like another word for TAX to me!

Who makes the most money off the savings? The boss? No The employee - somewhat The Superfunds and the companies invested in? Yes The Government? Yes So who really is this forced taxation for the benefit of? Yes, Superannuation makes "us" richer But it slice of that richer is much skinnier for employees than it is for the three groups who didn't actually contribute the money 👀

I assume you haven’t heard the saying “Better to remain silent and be thought a fool than to speak and remove all doubt” ….🥴

I bet albos super won’t be taxed

TIP: if you immigrate to another country, they have to release you money. ( PS. Thats why immigrants can walk into Australia and have a huge lump sum for a deposit on a house 🙂

Can they touch trusts if not everyone get ur supers into ur own trusts

So in other words a secondary gst

Albanese described Australia’s superannuation system as a national asset because it provides a very large pool of long-term capital as well as retirement income. He has rightly argued that more of it could be invested in Australian infrastructure, housing, energy and business—where those investments produce suitable returns. Super remains members’ money, not government money. Trustees are legally required to act in members’ best financial interests and are not presently required to fund government priorities. Tell the full story.

Into general revenue and guess what he'll pay us a pension 🤣🤣🤣

What is a “free country”?

He's never had to save or budget money his whole life.

It’ll be redistributed as a universal basic income for young and old.

Self manage your own superannuation AI has made this process a lot easier and can give better investment advice than most financial advisers

Albo’s fault ?

I remember over decade ago when super flopped and people lost big. Surely couldn’t happen again???

Can someone in your team or family teach you how to screenshot.

The master can buy the business when she returns from Sicily

In the UK the goverment just nationalised British Steel. Hint hint.

That looks a bit stone aged

Let's ask why they had to find a buyer, was the company squeezed out of existence with taxes!

M O R O N

Tarrifs are not evil, they were once, and should be now, a dial to control productivity against foriegn competition.

which one ? hopefully not whyalla

But let's build another 2 dozen data centres

NO it’s the LIMA agreement

You want to reindustrialise? Bet on the technologies of the next decades then. Thats renewables.

Why didn’t you get Gina to buy it? 🤔

We need your voice Sign the Save Europe Act now, to bring Remigration to Brussels! Article I "We, the undersigned citizens of European nations, demand the immediate enactment of the Save Europe Act — a legislative framework restoring sovereign borders, lawful order, and the continuity of European civilisation."

Only One Nation doesn’t know they have bugger all effect on what reinsurers / insurers will do. 🙃

Look on the bright side - those jobs will be replaced with working at data centres that the government plans on rolling out 😡

Go one nation

A few Labor voters sooking and Greens. Hilarious 😂

And how exactly is business closing as it fails to find a buyer related to net zero? Oh wait absolutely nothing, you just want excuses to spew out to blame anyone.

Great .. it’s time for cheaper electricity my bill is now another $220 per quarter

Since you’re all about digging things up out of the ground, how about you start talking about our lithium deposits and how we could become a renewable power superpower! Or does that not fit the narrative?

Funny my electricity bill has fallen by over $1000 a year under Labor. How about you shut it

Find something to whinge about again? Did your coffee go cold because net zero? Whinge whinge net zero waaaaaah waaaahhh I don’t like wind turbines waaaaahhh