Cpa Australia Podcast

Australia’s superannuation system is a global leader.  Worth around AUD $3.4 trillion, the nation should be proud of the world’s fifth-largest super system, one that covers around 16 million Australians as they work towards retirement.  So, why is the Australian Government seeking to legislate an “objective” for super? A public consultation on the objective recently closed, and CPA Australia has made a submission.  CPA Australia thinks that superannuation is only one component of a broader retirement savings system and, therefore, should not be considered in isolation.  Furthermore, there should be a clear long-term vision articulated for Australia’s retirement savings system.  We speak with the author of CPA Australia’s submission to learn more.  Listen now.  Host: Dr Jane Rennie, General Manager Media and Content, CPA Australia Guest: Michael Davison, Senior Manager Advocacy and Retirement Policy, CPA Australia  For information on today’s topic, you can read CPA Australia’s submission on legislating