Paul Keating's 12% Superannuation Plan Comes to Fruition
Paul Keating's 12% Superannuation Plan Comes to Fruition
Paul Keating's 34-year-old plan for a 12% superannuation guarantee is now implemented, making Australia’s retirement system globally significant. Keating hints that proposed super tax changes affecting $3 million+ accounts will impact more people than claimed, emphasizing super’s role in reducing reliance on the age pension.
