Australian Politics Forum - Super Minister not so super

Makka

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Super Minister not so super
May 18^th, 2013 at 12:09am

Shorten claims that a 2 years delay of Super WILL cost the average male $20K in retirement.

Presumably he worked this out by multiplying the $4500 by a return on capital

Interesting. Most financial planners are not allowed to promise $4500 WILL generate you $20,000 in retirement

This is the law administer by Minister Shortie himself

Yet Shortie is buggering up the rules he's upholding.

This is like the Pope/Mufti saying no homosexuality and then goes out buggering people

Shame on you Shortie

BTW - we would love to see how you got $20,000 from $4,500

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cods Gold Member Offline Australian Politics Posts: 88048	Re: Super Minister not so super Reply #1 - May 18^th, 2013 at 10:37am come on macca you know full well when it comes to maths the whole govt fails...they conjure figures out of the air and the lefties on here suck it up... hasnt swanny just madfe a $14bn mistake????? its ok its only our money..
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adelcrow Gold Member Offline Australian Politics Posts: 20133 everywhere Gender:	Re: Super Minister not so super Reply #2 - May 18^th, 2013 at 10:41am Its nice to see Abbott showing his true colours by trashing superannuation ...whats Abbottss taxpayer funded super worth?
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Super Minister not so super Reply #3 - May 18^th, 2013 at 10:46am adelcrow wrote on May 18^th, 2013 at 10:41am: Its nice to see Abbott showing his true colours by trashing superannuation ...whats Abbottss taxpayer funded super worth? glad you approve!
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John Smith Gold Member Offline Australian Politics Posts: 74629 Gender:	Re: Super Minister not so super Reply #4 - May 18^th, 2013 at 10:47am you have no idea how he worked it out, but still feel compelled to say something stupid?
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Super Minister not so super Reply #5 - May 18^th, 2013 at 10:51am John Smith wrote on May 18^th, 2013 at 10:47am: you have no idea how he worked it out, but still feel compelled to say something stupid? you dont consider $10.000 in interest pa on $4.500 is stupid?...
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scope

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Re: Super Minister not so super
Reply #6 - May 18^th, 2013 at 11:26am

cods wrote on May 18^th, 2013 at 10:51am:

John Smith wrote on May 18^th, 2013 at 10:47am:

you have no idea how he worked it out, but still feel compelled to say something stupid?

you dont consider $10.000 in interest pa on $4.500 is stupid?...

Here we go again,
It's not PA
Its over the life of the super account. Read what Shorten said and try to understand it.

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cods

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Re: Super Minister not so super
Reply #7 - May 18^th, 2013 at 12:04pm

scope wrote on May 18^th, 2013 at 11:26am:

cods wrote on May 18^th, 2013 at 10:51am:

John Smith wrote on May 18^th, 2013 at 10:47am:

you have no idea how he worked it out, but still feel compelled to say something stupid?

you dont consider $10.000 in interest pa on $4.500 is stupid?...

Here we go again,
It's not PA
Its over the life of the super account. Read what Shorten said and try to understand it.

of course!!! what about those that are just about to retire????..they are who I was thinking about.

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Andrei.Hicks Gold Member Offline Australian Politics Posts: 23818 Carlsbad, CA Gender:	Re: Super Minister not so super Reply #8 - May 18^th, 2013 at 12:14pm cods wrote on May 18^th, 2013 at 12:04pm: of course!!! what about those that are just about to retire????..they are who I was thinking about. They've shown how much they care about self funded retirees cods. Raiding their super with tax rules changes to help plug the deficit gap (entirely of their own making).
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cods

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Re: Super Minister not so super
Reply #9 - May 18^th, 2013 at 12:31pm

Andrei.Hicks wrote on May 18^th, 2013 at 12:14pm:

cods wrote on May 18^th, 2013 at 12:04pm:

of course!!! what about those that are just about to retire????..they are who I was thinking about.

They've shown how much they care about self funded retirees cods.
Raiding their super with tax rules changes to help plug the deficit gap (entirely of their own making).

yes no govt should have that right... if they have too change super they should take it to an election..

maybe the libs are a bit too generous when it comes to helping those that can afford to put extra away.. but that doesnt give anyone the right to dip their hands in when it suits...

as Gine just said mining isnt an ATM.. then neither should superfunds be..

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scope

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Re: Super Minister not so super
Reply #10 - May 18^th, 2013 at 12:46pm

cods wrote on May 18^th, 2013 at 12:04pm:

scope wrote on May 18^th, 2013 at 11:26am:

cods wrote on May 18^th, 2013 at 10:51am:

John Smith wrote on May 18^th, 2013 at 10:47am:

you have no idea how he worked it out, but still feel compelled to say something stupid?

you dont consider $10.000 in interest pa on $4.500 is stupid?...

Here we go again,
It's not PA
Its over the life of the super account. Read what Shorten said and try to understand it.

of course!!! what about those that are just about to retire????..they are who I was thinking about.

read it again it says The average man,
they aren't about to retire. but nice try at covering up your mistake.

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scope

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Re: Super Minister not so super
Reply #11 - May 18^th, 2013 at 12:48pm

Andrei.Hicks wrote on May 18^th, 2013 at 12:14pm:

cods wrote on May 18^th, 2013 at 12:04pm:

of course!!! what about those that are just about to retire????..they are who I was thinking about.

They've shown how much they care about self funded retirees cods.
Raiding their super with tax rules changes to help plug the deficit gap (entirely of their own making).

you mean those people with $1m plus who have earnings over $100,000
What do you have to say about Abbots super raid on low income earners?

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scope

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Re: Super Minister not so super
Reply #12 - May 18^th, 2013 at 12:51pm

cods wrote on May 18^th, 2013 at 12:31pm:

Andrei.Hicks wrote on May 18^th, 2013 at 12:14pm:

cods wrote on May 18^th, 2013 at 12:04pm:

of course!!! what about those that are just about to retire????..they are who I was thinking about.

They've shown how much they care about self funded retirees cods.
Raiding their super with tax rules changes to help plug the deficit gap (entirely of their own making).

yes no govt should have that right... if they have too change super they should take it to an election..

maybe the libs are a bit too generous when it comes to helping those that can afford to put extra away.. but that doesnt give anyone the right to dip their hands in when it suits...

as Gine just said mining isnt an ATM.. then neither should superfunds be..

You mean like Howard did when he stopped the super increase's at 9% instead of continuing the increase to 12% as was the Keating plan.

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Makka

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Re: Super Minister not so super
Reply #13 - May 18^th, 2013 at 6:32pm

scope wrote on May 18^th, 2013 at 12:51pm:

cods wrote on May 18^th, 2013 at 12:31pm:

Andrei.Hicks wrote on May 18^th, 2013 at 12:14pm:

cods wrote on May 18^th, 2013 at 12:04pm:

of course!!! what about those that are just about to retire????..they are who I was thinking about.

They've shown how much they care about self funded retirees cods.
Raiding their super with tax rules changes to help plug the deficit gap (entirely of their own making).

yes no govt should have that right... if they have too change super they should take it to an election..

maybe the libs are a bit too generous when it comes to helping those that can afford to put extra away.. but that doesnt give anyone the right to dip their hands in when it suits...

as Gine just said mining isnt an ATM.. then neither should superfunds be..

You mean like Howard did when he stopped the super increase's at 9% instead of continuing the increase to 12% as was the Keating plan.

And he also grew the GDP by 100%+ in 12 years as well as paying off labor debts

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Makka Gold Member Offline Australian Politics Posts: 803 Gender:	Re: Super Minister not so super Reply #14 - May 18^th, 2013 at 6:34pm Are leftards so freaking stupid??!! Abbott's delay will save the government $3B per year and Labor is crying the Labor's $300B debt is costing Aust $12B in interest per year and they say the interest payment is good for Australia
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