Opinion

Bang for retirement bucks is the political battle of 2021

The case for increasing superannuation is weak when the retirement income system could deliver more for post-work Australians than it actually does.

John KehoeEconomics editor

Dec 29, 2020 – 12.00am

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One of the big political and economic debates poised to rage in 2021 is whether or not the scheduled rises in compulsory superannuation contributions should go ahead, or be made optional for workers.

The government's 648-page retirement income review, publicly released in November, will be in the backs of the minds of Prime Minister Scott Morrison and Treasurer Josh Frydenberg during the summer holidays.

John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury.