PeterGleeson63 The fees are wild: Australian Super charges you something like 140 per annum just for owning government bonds, literally *the* ultimate hands-off investment and they have the nerve to extort and gatekeep customers like that.
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Proposed Super changes to leave Australians $533,000 better off | Sky News AustraliaAustralians could be up to $533,000 better off in retirement under a proposal to weed out underperforming superannuation funds.\n\nThe reforms come as part of a 722-page Productivity Commission report set to be released today.\n\nThe plan would force regulators to focus on the interests of consumers, crack down on multiple accountholders and include an official 'Best in Show' list of the top 10 performing funds.\n\nIt's forecast the list would boost retirement balances by an average of $166,000 per person.\n\nHowever, the plan has been weakly received with both the Coalition and Labor concerned that a culling of the strong superannuation sector could limit competition.\n\n\n\n stevenwardill Australia had good super to rely on. Came in the form of extra 7.5% tax to fund pensions going forward in the 1940's. When it got too big for the Govt. to manage it was then put into general revenue with Govt's accusing retiree's of being leaners instead of lifters stevenwardill I remember, as many would, the Liberals fighting tooth and nail to stop the introduction of compulsory superannuation, it's Labors baby.
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Australian stars descend on the red carpet for 76th Golden Globe Awards | Sky News AustraliaStars of the silver and small screens are arriving on the red carpet ahead of the 76th Golden Globe Awards.\n\nThe awards will be hosted by Andy Samberg and Sandra Oh, who were among the first to arrive at The Beverley Hilton for the event.\n\nAustralian stars nominated for the prestigious award include actors Nicole Kidman and Yvonne Strahovski, as well as singer Troye Sivan. The Off-Season of Santa Claus: No one cares
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