People Doing Good Things
- Thread starter SethBullock
- Start date
DonDeeHippy
Active member
The fact is Labor started mean testing Pensioners AND raised the pension age...
It will be because of them people will have to work till they are 90 and not the Libs as John falsely stated...........
@HBS Guy @DonDeeHippy How are your pensions funded in Australia? In the U.S., Social Security is funded by a 12.4% payroll tax. The employer pays half, and the employee pays half.
We have a compulsory superannuation levy, started at 9% and supposed to be about 12% now, the increases being part of any wage rises. Libs don’t like this, never increase the levy. People without enough super get a pension paid by the federal government.
Now it looks like they want to scrap the system—union run the funds, give better returns than you get with super from banks etc.
Now it looks like they want to scrap the system—union run the funds, give better returns than you get with super from banks etc.
DonDeeHippy
Active member
I've been with 2 union run super funds and both had the lowest return and most hidden fee's of 4 i've had over the years... Like everything else with Australian unions corrupt to the core.....
Squire
Active member
The only people getting rich from superannuation are the politicians who are bribed to support compulsory superannuation, the fund managers, superannuation salesmen, and general superannuation fund employees.
Compulsory superannuation is another rip-off and a tax on the workers.
Compulsory superannuation is another rip-off and a tax on the workers.
OK, back to the topic ...
Awesome!
Squire
Active member
No rednecks or conservatives were at risk in this video.
The one in the Thai police station where a new cop talks down a man with a knife is a demonstration of cultural differences.
In the USA the guy with the knife would have been shot to death with a full magazine of bullets in 5 seconds.