Mastodawn

Murdoch’s papers spent years screaming that tax cuts for billionaires would “trickle down”.
Now Labor tweaks super concessions for the ultra wealthy and suddenly it’s “class war”, “economic vandalism” and the end of civilisation.
Amazing how News Corp only discovers fiscal responsibility when rich people might pay tax.

#auspol #murdoch #newscorp #taxtherich #superannuation #budget #mediawatch

https://www.thesaturdaypaper.com.au/news/economy/2026/05/23/news-corps-budget-stitch

News Corp’s budget stitch-up

Labor’s budget has been met with the fiercest negative media campaign since Julia Gillard’s carbon tax, but the party is no longer scared of News Corp.

The Saturday Paper

ClareBear 💚

May 8

So Mr Sorted and Entitled will raise the super age. Means test it you utter coward #nzpol #superannuation #TaxTheRich #TaxWealthMore

sabamirza May 5

Key finance trends highlight retirement planning shifts and new superannuation rules today

#FinanceTrends #RetirementPlanning #Superannuation #MoneyManagement

https://meyka.com/blog/finance-trends-may-5-retirement-planning-superannuation-rule-changes-0505/

Finance Trends May 5: Retirement Planning & Superannuation Rule Changes | Meyka

Finance trends May 5: Retirement planning, superannuation changes, and personal finance strategies for Australian investors amid economic uncertainty.

The Bad Place May 4

9News | Shocking issue costing Aussie workers as much as $2140 a year by 9News

AI generated summary, Read the full article for complete information.

Australian workers are being urged to check their superannuation after a Super Members Council analysis revealed that one in four employees were underpaid, amounting to a collective loss of $24.4 billion between 2018 and 2023. The underpayments were highest in New South Wales ($8.1 billion) and Victoria ($6.1 billion), with the Northern Territory showing the greatest average shortfall per person at $2,140 a year. The study, based on Australian Tax Office sample data, warned that a single‑year underpayment of about $1,730 could leave a retiree $30,000 poorer due to missed compounding returns. New “payday super” laws taking effect on July 1 will require employers to pay super alongside wages, a move expected to improve transparency, reduce the current $6 billion annual loss, and help workers, especially women, younger employees, and low‑income earners, recover missed contributions.

#SuperMembers #MishaSchubert #TaxOffice #NSW #Victoria #NorthernTerritory #CapitalTerritory #paydaysuper #AustralianWorkers #Superannuation #national

Australian workers missing out on staggering $24.4 billion in unpaid superannuation: analysis

<p>A staggering new analysis has found workers are being docked $6 billion every year. Now, it's hoped that a new rule will help change that.</p>

9News

Peter Riley Apr 25

@RAHU

(Landlords are always keen to increase the rent)
The #Brunswick and #Coburg apartments were approved on the condition that 60 per cent of the new apartments would be offered as 'affordable housing'. But Assemble owned by superannuation firms #HESTA and #AustralianSuper, reduced the proportion from 60 per cent to 20 per cent.
https://www.abc.net.au/news/2026-04-26/victorian-developer-assemble-withdraws-affordable-housing/106606762

#Capitalism #housingCrisis #Landlords #Rent #Superannuation

Housing developer Assemble slashes number of promised affordable homes

Victorian planning authorities will allow Assemble to significantly reduce the number of affordable homes offered at large developments in Melbourne's north by more than half.

Blaze Trends Apr 15

The Coalition is warning that the Albanese Government's new Division 296 superannuation tax will devastate family farms and SMSFs. The policy imposes up to a 40% tax rate on balances over $10 million and taxes unrealised capital gains. #AusPol #Finance #Economy #Superannuation
https://blazetrends.com/jim-chalmers-retrospective-super-tax-will-unleash-market-shocks-warns-coalition/?fsp_sid=804

Mojo ♻️Apr 11

AustralianSuper CEO Paul Schroder drops the quiet part out loud: calls for cheaper homes are basically 'nonsense' because our entire banking system — and economy — is underpinned by ever-inflating house prices.
We've spent 25 years pouring all our extra wealth into real estate instead of productive investment. The 'house' always wins.
Time for a serious rethink? Or just more super-funded band-aids?

#HousingCrisis #AusPol #EconomicMyth #Superannuation #PropertyBubble

https://www.abc.net.au/news/2026-04-10/australia-economy-underpinned-by-housing-paul-schroder/106550386

Calls for cheaper homes are 'nonsense' while banking system underpinned by housing

AustralianSuper boss says housing prices unlikely to fall much, because major banks can't afford them too

Droppie [infosec] 🐨

Mar 27

https://www.smh.com.au/money/planning-and-budgeting/this-mess-is-eating-our-super-why-retirees-are-starting-to-get-nervous-20260327-p5zjax.html?ref=rss

In super, the ASX 200 has fallen almost 8 per cent since the beginning of March, so not yet in full correction territory, but it still hurts. Several people said they’re avoiding looking at their balances altogether.

that's certainly me. long-retired, living existing entirely from my Super [drawing a monthly pmt less than what the aged-pension would give me, by choice], & with no age-pension application made [coz i can't handle the peopling needed], if my Super ever collapsed i'd have nothing. every time over the past decade that major world-burning shitfuckery occurred & sent markets bananas, it took me several months to feel game enough to login & have a look. such an arseholic species.

#superannuation #retirement #DropbearShit #weareselfishcruelbastards #WeAreTotallyFucked

‘This mess is eating our super’: Why retirees are starting to get nervous

For those in retirement or nearing it, the looming crisis spurred by the US and Israel’s war on Iran is forcing them to shelve or reschedule their plans.

The Sydney Morning Herald