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The abusers hiding their money in super
One of the ways survivors of child sexual abuse or violent crime can seek redress is through compensation. But, at that point, some discover that the perpetrators have hidden their assets - in their superannuation funds, where it can’t be reached. Today, Bri Lee on the loophole being exploited, and why the government has failed to act.
The Liberal MP who wants to empty your super
The Coalition’s surprise win at the last federal election is largely attributed to a relentless campaign targeting Labor’s key economic policies, led by Liberal MP Tim Wilson. Now Wilson has launched a new campaign to reshape the four trillion dollar superannuation industry. Today, Rick Morton on the Liberal vision for our retirement savings, and how it would impact all of us.
Supercharging the generational wealth gap
The federal government’s decision to give workers access to their superannuation accounts risks dramatically increasing Australia’s generational wealth gap. Today, Mike Seccombe on how the government is reshaping the fundamental purpose of superannuation.