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Super has become a taxpayer-funded inheritance scheme for the rich. Here's how to fix it – and save billions

  • Written by Joey Moloney, Senior Associate, Grattan Institute
Super has become a taxpayer-funded inheritance scheme for the rich. Here's how to fix it – and save billionsShutterstock

Australia’s A$3.3 trillion superannuation system is supposed to boost people’s retirement incomes. The government says as much in its proposed leglislated objective for superannuation. The system is supported by billions of dollars of tax breaks each year, ostensibly to that end.

But there’s just one problem –...

Lessons in AI: How LoanOptions.ai Shows What Smart Adoption Really Looks Like

In a world where many small businesses are still trying to work out how to actually use AI (not just talk about it), Australian fintech LoanOption...

Driving smarter: how car subscription models are redefining mobility and financial flexibility

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

The Future of Wealth Technology

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Thryv wins national accolade at 2025 Australian Service Excellence Awards

  Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...

Yellow Canary partners with Celery to bring pre-payroll assurance technology to Australia

Wage underpayment headlines continue to put pressure on employers of all sizes, revealing how costly payroll mistakes can be for small and medium bu...