Treasurer Josh Frydenberg says the retirement earnings report has pinpointed house possession as a crucial side of Australians’ monetary safety and retirement plans.
He advised Sky Information the evaluate produced a “very complete report”.
“It’s the primary report that appears at our whole retirement earnings evaluate since obligatory tremendous was established in 1992,” he mentioned.
“It look’s on the so-called three pillars; the aged pension, obligatory tremendous and in addition voluntary financial savings together with house possession.
“It concludes that the federal government is heading in the right direction making an attempt to allow individuals to maximise the features via their tremendous with our important reforms that are going to assist scale back charges, enhance transparency and enhance accountability.”
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