Super system must serve purposes of ordinary Australians
If Labor has won the super war, that should make a new treasurer less defensive about the significant changes that would strengthen the system to the advantage of the people.
Treasurer Jim Chalmers is right that Labor has basically won the super wars. His Coalition predecessor Josh Frydenberg’s decision not to contest the legislated rise in the super guarantee to 12 per cent will allow the compulsory savings to continue expanding a system that will be worth $7 trillion by the end of the decade.
There is no political force to shift this compulsory system from its foundations in the inherently politicised industrial relations system.
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