Keating: You may have to 'eat your house' with a reverse mortgage if super rate doesn't rise | 7.30
Former prime minister Paul Keating has been Australia's leading champion of compulsory superannuation as the central means of funding retirement. From next year the amount of money that will go into your superannuation is set to increase. It's already law actually - it'll go from the current 9.5% to 10% in July next year, then up to 12% by 2025. But the Morrison Government isn't sure it wants to proceed and that could set up a row with Labor going into the next election about take-home pay versus retirement incomes. Leigh Sales interviews Paul Keating. For more from ABC News, click here: https://ab.co/2kd3ALi You can watch more ABC News content ad-free on iview: https://ab.co/39iq2Xt Subscribe to ABC News In-depth: / abcnewsindepth For breaking and trending news, subscribe to ABC News on YouTube: http://ab.co/1svxLVE You can also like us on Facebook: / abcnews.au Or follow us on Instagram: / abcnews_au Or even on Twitter: / abcnews
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