{"id":321484,"date":"2025-12-02T23:16:17","date_gmt":"2025-12-02T23:16:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/321484\/"},"modified":"2025-12-02T23:16:17","modified_gmt":"2025-12-02T23:16:17","slug":"donald-trump-says-us-looking-at-adopting-australian-system","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/321484\/","title":{"rendered":"Donald Trump says US looking at adopting Australian system"},"content":{"rendered":"

Washington: US President Donald Trump has praised Australia\u2019s superannuation system and says he is considering adopting a version of it, implying it could be used to help lift the dwindling American birthrate.<\/p>\n

Trump made the remarks at an event unveiling an unprecedented $US6.25 billion ($9.5 billion) donation<\/a> from Michael and Susan Dell, of the Dell technology company, toward the bank accounts of millions of eligible American children.<\/p>\n

\"Michael<\/p>\n

Michael Dell with his wife Susan and US President Donald Trump at the White House ceremony.Credit: AP<\/p>\n

The Dell gift would deposit $US250 to children under the age of 11 whose households earn less than $150,000 a year and who do not receive $1000 in seed funding under Trump\u2019s so-called \u201cTrump Accounts\u201d program.<\/p>\n

Part of the rationale for these programs was to offer a sort of \u201cbaby bonus\u201d to try to arrest the declining US fertility rate \u2013 a prominent concern among the MAGA movement.<\/p>\n

When Trump was asked what else the administration was doing to try to lift the birthrate, he appeared to suggest the Australian superannuation system.<\/p>\n

\u201cWe are looking at programs. There\u2019s a certain Australian plan that people are liking and they\u2019re talking about \u2026 not for children, necessarily, but it\u2019s for people, working people,\u201d he said, and turned to look at Michael Dell for confirmation.<\/p>\n

\"Trump<\/p>\n

Trump said Australia\u2019s superannuation system was a \u201cgood plan\u201d.Credit: AP<\/p>\n

Another reporter asked Trump to clarify that he meant the Australian retirement savings program, known as superannuation.<\/p>\n

\u201cThat\u2019s what they\u2019re talking about, yep,\u201d Trump said. \u201cWe\u2019re looking at it very seriously. It has worked out very well, it\u2019s a good plan.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Washington: US President Donald Trump has praised Australia\u2019s superannuation system and says he is considering adopting a version…\n","protected":false},"author":2,"featured_media":321485,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,131,132],"class_list":{"0":"post-321484","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/321484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=321484"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/321484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/321485"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=321484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=321484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=321484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}