Super co-contribution has cost $10 billion to help the wrong Australians – so let's scrap it
- Written by Cain Polidano, Senior Research Fellow, The University of Melbourne
ShutterstockConcerned that many people won’t have enough retirement savings even with compulsory superannuation, since 2003 the Australian government has had a scheme to encourage low and middle-income earners to voluntarily put more into superannuation.
The Superannuation Co-Contribution Scheme currently provides 50 cents for every dollar...
