1 of 1
Story summary
- One Nation announced cashing out a quarter of the 12% super contribution as a three-year wage rise.
- Prime Minister Anthony Albanese and Treasurer Jim Chalmers said the plan undermines retirement savings and is anti-worker.
- Former Grattan chief John Daley called the idea right but potentially inflationary, citing a 9% break-even rate.
- Treasurer Jim Chalmers released a report projecting age-pension spending falling from 2.3% to 1.8% of GDP by 2066.
