22-09-2023, 09:05 AM
(21-09-2023, 11:20 PM)dken31 Wrote: Superannuation is a massive pyramid scheme as most people pay less in tax over their working life than they receive in Superannuation payments in their retirement. So the only way that it is "sustainable" is to continue to exponentially increase the working population via mass immigration.
the mass immigration then creates its own set of problems though, house price inflation in an understocked housing market...
Do you feel that is the reason successive governments look to immigration, as a means to fund super for the masses? As well as the superfund I guess. I take your point about the pyramid scheme, at some point in 20-40 years we will have to fund super for the immigrants that are/will fund ours now? never ending cycle...
This world would be a perfect place if it wasn't for the people.
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