Super co-contribution has cost $10 billion to help the wrong Australians – so let's scrap it
- Written by The Conversation
Concerned 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...