Australian Haircut attacking superanuation (401K)

[jubalix]

http://www.smh.com.au/opinion/political-news/highend-super-tax-concerns-spread-20130327-2gtnz.html

here we go, gov to get money from your 401/Super savings, that you can't get at until you 65-70 talk about sitting duck...its just sitting there to be gobbled up by govt inefficiency.

The govt cannot resist this to balance budget...I have been waiting for this!!!

they talk about high income earners now, but once the precedent is set, they will dial it back.

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