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One by one, the chief rent seekers behind Australia’s compulsory superannuation rort have attacked the notion of freezing the superannuation guarantee at 9.5%.
The latest salvo comes from Martin Fahy – CEO of the Association of Superannuation Funds of Australia (ASFA) – who has likened those seeking to freeze the superannuation guarantee to being whacko “anti-vaxxers”:
The head of Australia’s peak superannuation body has warned the Government not to mess with the superannuation system.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.