Claims that low income earners will have no super at retirement is ridiculous, as more than likely they will receive the full age pension irrespective, so in that scenario having their house paid off FIRST is in their best first interest, under Australia's Centrelink Asset & Income Test.
Superannuation is to serve the best interest of the member (which in most cases is to pay their house debt off FIRST], not the member serve the interests of super fund admin fee ticket collectors. Making low income earners wait until age 60 to access their super, just in order to clear their home mortgage (under TTR Pension legislation] is simply immoral.
And under Bragg's proposal, if the member doesn't want to pay off their mortgage, nothing will change - the Union funds will keep ringing the cash register for decades on these low income earners.
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