Australia NewsSuperannuation Has Become a Burden on Our Economy: SenatorSavePrintLiberal 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.Share this articleLeave a commentNick SpencerAuthorNick Spencer is a freelance reporter based in Sydney, Australia.Author’s Selected ArticlesAustralian Cities Should Adopt Trackless Trams to Improve Sustainability and Efficiency: Urban PlannerFeb 02, 2024Australia’s Sovereign Wealth Fund Should Not Be Funnelled Into Net Zero, Says Think TankJan 30, 2024NSW Vows to Outlaw Nazi SaluteJan 28, 2024Former Australian PM Scott Morrison Announces His Resignation From PoliticsJan 23, 2024Related TopicsSuperannuationJim ChalmersGerard Rennicksuperannuation funds