Australia NewsSuperannuation Has Become a Burden on Our Economy: SenatorSaveMark Us Preferred on GooglePrintLiberal Senator Gerard Rennick during Senate Estimates at Parliament House in Canberra, April 6, 2022. AAP Image/Mick TsikasNick Spencer9/8/2023|Updated: 9/8/20230:00X 1Queensland LNP Senator Gerard Rennick has labelled Australia’s superannuation system as detrimental to the country’s economy.“Superannuation was the worst thing to ever happen to the economy in this country,” Senator Rennick told ADH TV on Sept. 5.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.