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1. If you think superannuation is such a crappy investment, I'd be more than happy for you to rollover your superfund into mine. 2. The way you speak of your employees...good luck as an employer. I'm sure with that attitude you're going great.

I've got the solution - why don't we just abolish the SGC then if it's ******* that many people off? As far as people being idiots...those on this post who think an increase in super is coming out of their pockets, they are the idiots. Again, anyone who "negotiated" a salary package...

Any increase, for simplicity sakes say 1%, hypothetically next year will not mean you get 1% less in your pay packet from your employer. The 1% increase is a statutory cost required to be paid by the employer. I'll give another example, if payroll tax in your state went up 0.5% next...

Um, yeah, I do....

Strannik - the super doesn't come out of our incomes, it's on top of it. I don't lose anything by having more super contributed to my fund....but if I was going to contribute more (I do, although alot of people can't), it comes out pre-tax, so monies sent to your super fund are taxed at an entry...

I was referring to 5% "over a medium horizon" - so that figure's smoothed over good and bad years...5% over a period of an investment cycle is still very conservative.

Fund Managers have been controlling funds since the beginning of time...no-one else has come across a better way to "parlay" these funds for retirement purposes on a mass scale, other than personal investment strategies. Most industry funds are pretty lean and efficient these days. Most...

Hi Everyone, Obviously we all do what we do with respect to property because we don't want to rely on the government assisting us in our retirement years, and we know that superannuation won't provide for what we need in the future. That said, it's all the more baffling that the 9% SGC...