Wednesday, December 1, 2021

ACT will miss target to plug $8b superannuation liability gap

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The total liability for defined-benefit superannuation schemes is currently worth more than $13 billion, and will cost the budget bottom line into the 2080s.

We really don't want runaway inflation

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It took decades of extremely difficult reform to get inflation back under control. It would not be a good idea to forget the pain...

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