EconomyWhy rightwing critics are wrong to say Australia’s super system is broken

Conservative politicians Andrew Bragg and Pauline Hanson argue compulsory superannuation has failed to improve the budget or reduce reliance on the age pension. Experts and Treasury projections instead indicate that Australia’s total retirement-system costs will remain broadly stable despite population ageing, while the share of people fully funding their own retirement is expected to rise from 29% to 38% by 2050.

Australiasuperannuationpensionsretirement income

TThe Guardian★★★☆☆2026-08-17 15:00Original