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Old 10-08-2013, 12:16 AM   #94
XR Martin
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Join Date: Dec 2004
Location: Canberra Region
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Default Re: $200mill package to Ford, Holden, Toyota to offset FBT changes

Quote:
Originally Posted by 2011G6E View Post


One thing that people should worry about: if it is this easy to destroy an industry (car leasing) with the stroke of a pen and a few idiotic words for an adoring media...just wait until one day some party notices how much money is just lazing around in superannuation funds around the country...don't think they haven't considered it before...
Superannuation money is already used extensively by the Government for big infastructure projects.
Its the whole reason why it was created, forces the public to save some of their wages, while at the same time gives the Government a mass of money to dip into whenever it wants.
Thats the reason why theres so many hoops you have to go through if you want to self manage your superfund.

Oh, its also the same reason why that new bank deposit tax has come about too.
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