David Taylor
speaker
997 appearances
8 recordings
2 series
first heard Apr 2026
last heard 15 Sep
David Taylor’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 8 in all, peaking in Sep 2026 with 3.
Appearances
So in that context, you know, why touch it at
Well, I mean it's pretty straightforward because if you're uh if you're working and and you're contributing your employer is contributing to your superannuation.
Twelve percent gets taken out in order to contribute to that investment pool that uh builds in perpetuity.
So over time, because you know, this investment is building and building and building on itself.
And
Yeah, the idea with making sure Australians are comfortable in retirement and that word comfortable is really important because, you know, you've potentially got ten, fifteen, twenty, thirty years of let's face it, living off investments.
So at the start of that it might be a combination of the pension and superannuation.
And as the pension fades, it's just superannuation and you need income from that and sometimes
potentially even drawing down on that superannuation.
There's a famous ad in the nineteen nineties where the husband gets off the phone with his doctor and the the he said, Oh, I've got some great news.
The GP says, I'll live till I'm ninety, you know, and he's beating his chest and his wife says, Mm.
And he's like, What do you mean?
Ooh She said, Well, according to our superannuation, you can only live till you're seventy or so.
I've never forgotten that ad because it just shows that once the money runs out, it really runs out and that's not a nice place to live.
So under the proposal, Australians who pay rent or a mortgage would be given a choice to divert a portion of their superannuation to their take-home pay for up to three years.
So the full percent compulsory super contribution would still be paid, but employers
by employers, but three percent would be paid directly to the person by the super fund if they opt in.
So payments would also remain subject to the concessional tax rate of fifteen percent.
That is, if you're drawing down your super as income, it's not the normal marginal rate that you'd get taxed at if you're a worker, it'd be the concessional rate of fifteen percent, which is uh So it's like basically a
that's right.
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