Proposals to let people raid their savings early sound like a gift. It takes away the only realistic path to a dignified retirement for millions of Australians.
The Australian economy is in many respects doing well. Long-cherished institutions should be backed, not pulled apart in search of a non-existent, rosier past.
There is no case for further increasing compulsory contributions. This wealth creation machine must now pivot to help Australians wisely manage their savings.
