10 July 2012, 100712, fair work, industry super, Industry Super Network, Productivity Commission, retail super, Richard Watts, superannuation
Richard Watts discusses the implications of the Productivity Commission’s recommendations to change the default super arrangement.
There’s been some big shake ups in the world of super in the past six months. And one of the biggest is the Productivity Commission’s call to change the way workers are channelled into default super funds. At the moment, the default fund is most often an industry fund but the recommendations pave the way to give retail funds a bigger slice of the $7 billion a year super pie.
Instead of the current system where unions and employers choose the default fund, the PC recommends that Fair Work Australia or another independent body choose who qualifies to be a default fund.
Richard Watts, from Industry Super Network, tells 3Q that he is receptive to a merit based system if it means retail funds meet the same governance arrangements and produce returns equal to the industry funds.
10 April 2012, 100412, Childcare, Childcare Rebate, children, families, Nannies, Polling, polls, Productivity Commission
Q. Tony Abbott has said that if he became Prime Minister he would ask the Productivity Commission to look into extending the childcare rebate to childcare provided by nannies. Would you support or oppose the Government paying a childcare rebate for nannies?
|
Total |
Vote Labor |
Vote Lib/Nat |
Vote Greens |
|
| Total support |
44% |
33% |
57% |
33% |
| Total oppose |
33% |
49% |
24% |
44% |
| Strongly support |
12% |
9% |
17% |
10% |
| Support |
32% |
24% |
40% |
23% |
| Oppose |
20% |
27% |
18% |
20% |
| Strongly oppose |
13% |
22% |
6% |
24% |
| No opinion |
22% |
18% |
19% |
23% |
44% support the Government paying a childcare rebate for nannies and 33% oppose. 49% of Labor voters and 44% of Greens voters are opposed but 57% of Liberal/National voters support the measure.
Support is higher among younger respondents – those aged under 45 split 53% support/24% oppose and those aged 45+ split 36% support/44% oppose.
48% of those on income under $600pw oppose and 32% support, but all higher income groups are more likely to support.