Report – Securing Australia’s super-powered future

The strength and success of Australia’s world-leading super system is built on three policy foundation stones universality, compulsion and preservation. Yet as the super system powers towards $3.9 trillion in savings, there has been a growing temptation in recent years by policymakers to float ideas that breach the principle of preservation by proposing early withdrawals of super to fund other policy challenges. Read SMC’s briefing note on the risk thate come from unpicking preservation by allowing early withdrawals of super for house deposits.