Jack Tame: Should superannuation be means-tested too?
It’s one of the curious things about the structure of modern liberal democracies.
Whether its sharemarkets or political cycles or even media coverage, a lot of the big forces that shape our society are influenced by short-term incentives.
It gets us into all sorts of pickles. Take the Three Waters and the crisis with water infrastructure in New Zealand. The main reason we find ourselves with a vast infrastructure deficit is because for decades, heaps of local councils haven’t properly invested to maintain the pipes. Why didn’t they invest? Simple. Investment takes money and…
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