It's got nothing to do with time.
It's about reality.
It's about reality.
Labor's superannuation bill
- Thread starter mmm....shiney!
- Start date
Latest development- Albo states that super is a $4 Trillion national asset. That is should be used for national projects
I'm guessing for things like expanding the NDIS, getting Snowy 2.0 half finished and closing the gap a few millimetres.
PS- Paul Keating says super should be merged with centerlink to create an integrated wealth transfer system. (Oops, I meant integrated social welfare and retirement system)
I'm guessing for things like expanding the NDIS, getting Snowy 2.0 half finished and closing the gap a few millimetres.
PS- Paul Keating says super should be merged with centerlink to create an integrated wealth transfer system. (Oops, I meant integrated social welfare and retirement system)
He wasn't saying that the government should use them to fund expenditure at all. He said that super funds should invest in corporate bonds to provide funds for those companies to invest in projects of "national interest".
The issue is not that Albo wants our super, he doesn't, it's that he's trying to influence where our funds are invested.
That's the same thing that EUSSR is doing, they are just going straight for the bank accounts to force citizens to invest in green scams.
Isn't it wonderful how all the socialist governments manage to wreck their economies, and then simultaneously get these brilliant ideas of abolishing private property rights.
More central planning. More government meddling in private savings.
Where have we seen this before?
www.france24.com
Isn't it wonderful how all the socialist governments manage to wreck their economies, and then simultaneously get these brilliant ideas of abolishing private property rights.
More central planning. More government meddling in private savings.
Where have we seen this before?
EU wants to tap citizens' savings. Easier said than done
The idea sounds simple: tap trillions of euros of EU citizens' savings to unlock capital for European companies through a more integrated financial market.
www.france24.com
That's correct. The function of government is to spend not invest for profit. How much does the Bruce Hwy return on paper?
They're not forcing anyone to invest in green "scams". The EU wants to create a centralised financial market out of the 27 separate ones that currently exist and provide a pool of funding for market yielding instruments which would include investing in businesses involved in green "scams".
Countries like the US and Australia have a centralised financial market. The EU's is fragmented meaning businesses cannot access the savings that many Europeans have in stashed in low yielding, secure funds and bank accounts because they're spread across multiple markets and regulatory systems. By centralising the market businesses could access a larger pool of funds by incentivising those savers into investing in higher yielding instruments.