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Yes and no.

It is different to salary, because it is taxed differently, and when the superannuation rate increased (which happens occasionally) you never see a reduction in your take-home pay.

But it does reduce the amount they can afford to give you as your take-home pay.

Actually, the really interesting discussion is about superannuation-as-forced-savings vs a sovereign-wealth-fund. They aren't really equivalent, but they have some similar outcomes (eg a large amount of capital available for investment). I've gone back on forth on if we should have a sovereign wealth fund - there are good arguments both ways.




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