April 24th 2004


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Articles from this issue:

FOREIGN AFFAIRS: Islamic militants threaten to derail Iraq hand-over

NATIONAL AFFAIRS: Defence reserves crisis looms

FAMILY: AFA report shoots hole in lower fertility theory

National superannuation (letter)

Whither farming? (letter)

True samurais (letter)

UNITED NATIONS: Kofi Annan and the Rwanda genocide

FAMILY: The solution to today's fatherhood crisis

FEEDING TUBES: Pope condemns 'euthanasia by omission'

BOOKS: The Long Truce: How Toleration Made the World Safe for Power and Profit, by A.J. Conyers

COVER STORY: Federal inquiry puts brakes on river flow plans

COVER STORY 2: Report vindicates farmers over Murray-Darling Basin

EDITORIAL: Family Congress confronts new challenges

CANBERRA OBSERVED: Budget - next test for Federal Government

STRAWS IN THE WIND: Pumpernickel politics / Latham's folly / George Carey

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National superannuation (letter)


by Robert Bom

News Weekly, April 24, 2004
Sir,

The debate about superannuation appears to be in a void presently. There is some noise from our political leaders about fees, charges, taxes, inadequate contribution levels and a little about age issues.

The Liberal Party has never shown itself to be completely comfortable about superannuation. In addition it has the discomfort of a Senate leaning towards Labor on issues such as these. The Labor Party's policy is driven by market-oriented and union-dominated industry groups, which have more expertise than the Liberal ministers on the subject.

At the moment it would seem that the Labor Party is prepared to be a small target on superannuation and for good reason. Should they regain the Treasury benches, particularly with a friendly Senate, we can expect an explosion of activity into pushing the union industry solution for a National Superannuation Plan.

The Liberals could be bolder and come out with a policy for National Superannuation based on existing structures and freedom of choice. It could be a more acceptable proposition than waiting for the unions to take charge over people's hard-earned savings.

Robert Bom
Rockhampton, Qld




























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