Superannuation

Spectator Australia, 19 August 2026

Suddenly, superannuation has become a hot-button issue in Australia. Germany was the first modern state to introduce old-age pensions. That was in 1889 when Bismarck required all employees to contribute to funding their retirement incomes. Australia and Britain introduced means-tested but non-contributory pensions in 1908. Britain’s was shifted to a (partial) contributory basis in 1925. In principle,