Link: https://www.sbs.com.au/news/article/how-we-can-avoid-interest-rate-rises-and-boost-our-savings-instead/7gyjivmqm

Raising compulsory super could do the same job as raising interest rates — but the money is yours. So why aren't we talking about it?

This has the same issue as raising interest rates as a form of inflation control; inflation is not currently being driven by discretionary spending, so reducing discretionary spending has limited effectiveness.

Fight inflation by forcing more investment in the market 🤔🤔🤔 lmao

bad faith phrasing but good point.

What's so funny?

inflation is not currently being driven by discretionary spending

Tom Lay, ABS head of business statistics, said: “The 0.8 per cent rise in June was driven by discretionary spending rising for the second month in a row at 1.2 per cent, thanks to continued strength in Transport and Recreation and culture.”

https://www.abs.gov.au/media-centre/media-releases/household-spending-08-june

American market.

Or just accept housing is a monster that needs to be culled, and increase rates. Affluence is hindering everyone, some have a choice, some are trapped by essential buys, those who cant afford life shouldn't also be pushed into higher super to appease those with bloated debt. Either way inflation is coming for all.

At least it's a way to target inflation at population level rather than the what 40-50% who have a mortgage? There's also zero benefit to the population with an interest increase a forced reduction in temporary cash flow that benefits the population is advantageous no?
Only thought would be likely those with a higher income and thus higher contribution into super are likely going to be able to access it sooner

It’s a way, but like inflation it’s a blanket that impacts all vrs a small % of over leveraged.

Don’t get me wrong it’s not great that people who have bought at stupid prices have to suffer. They didn’t ask for it. But the country has allowed housing to dictate its economy. There is not way out it’s like watching a spoiled wild dog backed in a corner. At some point you have to stop feeding it.

That's the Household Spending Index, which is a small portion of inflation.

"Inflation" conventionally refers to the Consumer Price Index

The largest contributors to annual inflation were Housing (+6.8%), Food and non-alcoholic beverages (+3.3%) and Recreation and culture (+3.3%).

Only one of those categories is considered discretionary. Note that the CPI infamously excludes mortgages.

Yeah, you said inflation not driven by discretionary when it clearly has a role to play

https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/jun-2026#analytical-series

Following the Middle East conflict, non-discretionary inflation has spiked up to the 5%, driven by increases in automotive fuel prices

I mean if one switches to an EV for example that counts as a discretionary purchase but that then lowers the demand of non-discretionary fuel prices

I think I hate this discussion

It’s a nice idea, but does Australia even have ninjas?