Former PM Malcolm Turnbull has backed a rise in the superannuation guarantee, slamming opponents as patronising Australian workers while criticising the government's early release scheme as poor quality | JennieDuke
Former prime minister Malcolm Turnbull has backed a rise in the superannuation guarantee, slamming opponents as patronising Australian workers while criticising the government's early release scheme as poor quality.
Labor, the unions, former Treasury secretary Ken Henry and former prime ministers Paul Keating and Kevin Rudd, saying it will ensure an adequate retirement and there is no guarantee it will come at the cost of wage increases. Mr Turnbull was also scathing about the government's scheme allowing people to take up to $20,000 out of their superannuation during the pandemic.
He also backed Mr Keating's view that it was mostly people on lower incomes who were raiding their retirement savings.
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