Supercharging the generational wealth gap

One of the federal government’s most controversial decisions during the coronavirus pandemic has been allowing workers to access their superannuation accounts. The policy risks dramatically increasing Australia’s generational wealth gap, as young workers drain their retirement savings. Today, Mike Seccombe on how the government is reshaping the fundamental purpose of superannuation. 

Guest: National correspondent for The Saturday Paper Mike Seccombe.

Background reading:

Super funds transformed by Liberal ideology in The Saturday Paper

See acast.com/privacy for privacy and opt-out information.

See omnystudio.com/listener for privacy information.