Before House
Superannuation Objective Bill
Introduced28 February 2025
In plain English
Enshrines the objective of superannuation in legislation as providing income for a dignified retirement alongside the Age Pension. This constrains future governments from using super for other purposes like housing deposits.
The case on both sides
AI-assisted summary of public arguments — labelled per our editorial rules.
Supporters say
Protects retirement savings from being raided for other purposes. Provides certainty for the $3.5T super industry.
Critics say
May prevent using super for housing emergencies. Definition is too narrow for future needs.
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