submitted 6 months ago by zero_gravitas@aussie.zone to c/australia@aussie.zone

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NOTE: Video sponsored by the ACTU

Key points

It would make house prices increase by more than the maximum amount people could withdraw
It would cost the government $1 trillion in the long run
It would leave people with $200k less in retirement savings
It would significantly affect the returns on all superannuation as funds would need to keep more cash reserves uninvested so it is available for withdrawal

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[-] Baku@aussie.zone 2 points 6 months ago

Oh wow I haven't seen this dude in a good few years. He made the new south wales song about new south wales

this post was submitted on 17 May 2024

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