The boss of Australia's biggest superannuation fund has urged policymakers to ignore the Grattan Institute's "flawed and ideological" arguments for scrapping further increases to the compulsory retirement savings rate.
Ian Silk, the chief executive of $165 billion AustralianSuper, said detractors had been seeking to undermine the super system since the 1980s but their arguments had always been resoundingly rejected.
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Joanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com
