Sentence examples for in superannuation from inspiring English sources

But Bill Shorten was critical of the Coalition's internal friction: "People don't want surprises in superannuation".

We have a pool of close to $2tn in superannuation funding in this country.

"It would erode the long-term savings of Australians in superannuation funds," she said.

The Financial Services Council calculates working Australians will have $128bn less in superannuation savings by 2025.

Those cuts would be funded by increases in superannuation taxation and limits on workplace deductions and negative gearing concessions.

And the $1.3 trillion in superannuation funds is a pool of savings that officials like to say is akin to a rainy-day fund.

"If you have someone who has $10m in their superannuation account in retirement, currently they are not paying any tax at all on the earnings from that," Malcolm Turnbull said.

The portents are not good when you consider the budget decisions taken so far by the Abbott government: to ditch needs-based schools funding, to provide relief to those at the top while trying to slash the school kids bonus for those who need it most, to abolish help for low income earners in the superannuation system in favour of tax breaks for those earning the biggest incomes.

"It is clear to us that the message is starting to hit home in a number of important areas in the economy – in particular superannuation and ASX companies – but unfortunately not with some governments," said the executive director of Women on Boards, Claire Braund.

"I think Australians, and the prime minister and I, are frustrated that we're not seeing more of that $2tn dollars in capital which is there in Australian superannuation savings lining up on these sorts of transactions," he said on Monday.

That's one of the reasons why the government has decided that it is unacceptable to have any increases in taxation on superannuation in the upcoming budget," Hockey said, when the interest rate fell 25 basis points to 2%.