System: Superannuation System and Government

system: It is not a conversation the federal government is willing to reopen, according to Nine News Australia. Almost a dozen coalition backbenchers have raised questions over the state of the superannuation system, an issue the government did not take to the people at the federal election. To improve your experience update it here News National Finance minister shoots down super debate By AAP2 09pm Jul 26, Minister Mathias Cormann is adamant the debate over whether superannuation contributions should be compulsory was settled a long time ago. Newly-elected NSW Liberal senator Andrew Bragg used his first speech to parliament this week to argue superannuation should be voluntary for Australians earning less than 50,000. The problem is that you would end up with less money in retirement and obviously a lower standard of living in retirement, he said in response to Senator Bragg's idea. Senator Cormann says while members are entitled to their opinion, the government has been very clear in terms of what it will and will not do. (news.financializer.com). As reported in the news.