So you seriously think people will grab out of super the money,...

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    So you seriously think people will grab out of super the money, the earnings from which are to be taxed at 15%pa to buy Ferrari (or equivalent) to spite the government. Yeh, that will teach them. Rotten will think of buging "a biggest house" in order to get the pension. That way he will incur significant Stamp Duty, Real Estate agents' fees, higher Council rates each year, reduced flexibility in terms of accessing cash (remember, "Cash is King"), greater maintenance costs (painting, garden, housekeeping, etc) and the possibility of his house prices falling. And if he buys "a biggest house" in extreme old age, that house becomes a millstone around his neck as it will be too large to manage. Then he needs to buy a very large coffin to put himself and his house into on his death.

    You can't take it with you folks!!!! lol
 
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