lee wrote on May 16^th, 2019 at 9:10pm:


How much money would most have by 50?

They can't retire at any time unless they have enough in their super. And if they go early I'll bet they run out and end up on the pension anyway.

The govt caps what an employer and employees combined contributions to $25,000.

Thats farkall .... if you can afford it you should be able to put in as much as you like.

Please explain this to a poor Foreigner. Are you saying that if you make it to retirement age and have no assets beyond a modest home your government will give you $37,000 a year? However if you do well during your working life you get nothing, is that the system?

Captain Nemo wrote on May 23^rd, 2019 at 11:42pm:


Unless of course, you are a senior public servant, police, or returned soldier.
Then you get an early pension, and in some cases, not even assett tested.
Judges, politicians some senior public servants and politicians get very high, non assert tested pension.
Some over several hundred thousands of dollars a year.
One of our recently beaten short serving Prime minister's has retired on $300,000.00 a years non- assett tested.
So all his bribes and back handers will give him a comfortable life into DEATH.

Another, howard the coward, is the biggest spending ex-politician we have ever had.
In some cases spending more than several others put together.
I think he steals close to $1,000,000.00 a year.
He has an office, staff and expenses, all paid for by us.

Yep, Australia is really fair.
Millionaire politicians, judges and senior public serve us, all eligable for non-assett tested six figure pensions.

And old semi disabled working stiffs, who may have put away a few dollars, get f$#k all

Australia, the lucky country.......for parasites.

valkie your story motivates me;
That story would make me determined to grind it out and achieve success to have a quality woman and a Porsche and to drive to the front of Mr Abbott or Mr Howard house and stunt on their faces.

When we confront injustice we either become a victim and we go down or we use it as the evolutionary blowtorch to motivate us to take action and to move up

Because most people tend to have negative thoughts most of the time most people will choose the victim root.

You have to train yourself to remain positive no matter what

We do this by thinking of the intense positive emotions we will feel as we drive past the failures and show them that we have succeeded

Both Abbott and Howard have very ugly wives sort of like Fat Janine

You never want a dollar you didn't earn and they are now taking money they did not earn this will be their undoing.

Meanwhile you move on to glory in your Porsche with your hot girlfriend

Life is sweet

This is The narrow road to success

Gnads wrote on May 18^th, 2019 at 8:56pm:


The govt caps what an employer and employees combined contributions to $25,000.

Actually the limit is $100,000 that you can contribute, it was reduced in 2017 to this number.

It is only the pre tax amount that is limited to $25K per year.

This means that the government will subsidise up to $25K per year in contributions at 15% tax rate but you can put in an additional $100,000 per year from your after tax income or other source at a zero tax rate. (tax already paid).

after a certain point it stops being encouraging people to save for retirement and becomes helping wealthy people to avoid paying tax.

Carl D wrote on May 25^th, 2019 at 9:09am:


I have no plan to do what you are doing but I may be forced to for the same reason, I am struggling with my knees now, Some days it is excruciating to walk from the station to the office and routinely go to the next station and travel back to avoid the stairs over the bridge on the way home.

Talking about walking I now have to take the dog to the beach for his walk, the cold water is great for my knees.

Dnarever wrote on May 25^th, 2019 at 8:38am:



Despite that why should any voluntary contributions(so called pre-tax) I make attract any further tax?

What ever disposable income I have has already been taxed.

The whole tax everything twice, 3 times process seems to defeat the purpose of being independent of govt assistance in retirement.

And being constantly told that an aged pension will not be available in the future.

And now Morrison has been returned the private sector are demanding he get stuck into Industry Super Funds to get their hands on it.

The whole system is about lies, deceit, rule changing and theft of your money.

Gnads wrote on May 25^th, 2019 at 11:39am:


Politicians families need to eat too. Give till it hurts and then some more.