On March 5, Investment & Technologyand investment administration softwareprovider, SimCorp, held a roundtablediscussion on last November’s “economists’open letter” to the Rudd Government.
Signed by eight of Australia’s leading economicminds, the letter advocated a shorttermreduction in the superannuationguarantee to 6 per cent, and a relaxing ofsuper access rules, as an economic stimulusduring this financial crisis.
The letter went on to advocate a gradual increase in theSG as Australia’s economy recovered, to aproposed 12 per cent by 2015.
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