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READ MOREHume moves to tackle ‘inflexible’ super system
Financial services minister Jane Hume has revealed further details around the government’s thinking in a budget that has been unusually generous towards super contributions, saying the current system is “inflexible” for older members and those working part-time.
Addressing an FSC member webinar on Thursday, Jane Hume said last year’s Retirement Income Review had revealed that although the Australian super system was “up there with the best in the world”, there were still improvements to be made.
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