The Australian super system is, at its heart, an enduring victory for workers, something the current federal government has done its best to undermine.
The current federal government’s controversial Your Super, Your Future bill, which passed the Senate in June of this year with support from the crossbench, purported to save workers $17.2 billion over the next decade.
The reality was, in fact, one of the biggest attacks on the retirement system won by Australian workers.
Australian Council of Trade Unions (ACTU) Assistant Secretary Scott Connolly described the Your Super, Your Future reforms as an ideological attack on industry super funds.