Pocket Money podcast

Does superannuation need a makeover? Senator Andrew Bragg - #218

2020-08-02
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If you earn a wage in Australia, there is a good chance that you are being paid superannuation. Currently, employers have to contribute a percentage of your pay into a nominated super account.

Superannuation as we know it in Australia is now 29 years old, and some are calling for another review of the scheme in some radical ways. 

This year has seen the controversial early release of superannuation for some Australians due to coronavirus just for starters while others believe superannuation could be accessed earlier so more Australians can use that money to buy a home.

We had the opportunity to chat with the Senator Andrew Bragg about his ideas for the future of super, including the idea that Australian's should be able to access their super in order to buy a home and other changes he calls "radical surgery".

Full show notes at https://www.finder.com.au/podcast

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