I actually spoke to a person who will be impacted by the changes the other day, obviously they aren't impressed
The reason they have so much in super is they were brought up to believe the government won't support you or your family so it's important to do so for yourself and to also to set their kids up as well as possible
Reasonable in some ways
My response was that's not what super is for, it was designed to fund your retirement not your kids inheritance
I still don't think it's a good policy or well designed but if we want major economic and tax reform getting it through is an important test
Super should be taken back to doing what it was designed to do i.e. funding retirement, not for minimising tax, running businesses and inheritance
It would be cleaner to just stop, or at least limit, those things by capping how much you can have in super e.g. $5 million
#auspol
Paul
npub1gy…00qjc
2025-06-27 21:25:35 UTC
in reply to nevent1q…45hs
Author Public Key
npub1gye0fk6eeaah9nhgv2dvqsdc39u0whgffaea9czymaf5ag96scxqc00qjcSeen on
wss://relay.momostr.pinkPublished at
2025-06-27 21:25:35 UTCEvent JSON
{
"id": "58a686e86c4677e9ef2d66be4ab7a50621e693d01a75c30aa3da7968c3294367",
"pubkey": "4132f4db59cf7b72cee8629ac041b88978f75d094f73d2e044df534ea0ba860c",
"created_at": 1751059535,
"kind": 1,
"tags": [
[
"t",
"auspol"
],
[
"p",
"38a03d0e0dcf38e572911f810f4d33745ff07e9ff09d626e6568620dad960ea7"
],
[
"e",
"7a9503760757797d4d77ebace4441302724caa79fd2cb526ed6bc5a6f2ca227d",
"",
"root",
"38a03d0e0dcf38e572911f810f4d33745ff07e9ff09d626e6568620dad960ea7"
],
[
"proxy",
"https://theblower.au/@HardBeingGreen/114757437736010385",
"web"
],
[
"proxy",
"https://theblower.au/users/HardBeingGreen/statuses/114757437736010385",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://theblower.au/users/HardBeingGreen/statuses/114757437736010385",
"pink.momostr"
],
[
"-"
]
],
"content": "I actually spoke to a person who will be impacted by the changes the other day, obviously they aren't impressed \n\nThe reason they have so much in super is they were brought up to believe the government won't support you or your family so it's important to do so for yourself and to also to set their kids up as well as possible \n\nReasonable in some ways\n\nMy response was that's not what super is for, it was designed to fund your retirement not your kids inheritance \n\nI still don't think it's a good policy or well designed but if we want major economic and tax reform getting it through is an important test \n\nSuper should be taken back to doing what it was designed to do i.e. funding retirement, not for minimising tax, running businesses and inheritance \n\nIt would be cleaner to just stop, or at least limit, those things by capping how much you can have in super e.g. $5 million \n\n#auspol",
"sig": "d2be6fa161ef62ed1edd61ea47d1eb59efced706ed6fd393ae73dde2685b8eac7fe645f87bd2dd688373bb6c2826fcf768a081190f1b9cc58ea6a1ca65215875"
}