It is now four decades since construction workers built our most important economic structure – compulsory superannuation. They downed tools and took a hit to their pay packet that many never fully recovered.
But they instinctively understood something that has since guided our nation (and informed recent changes to the capital gains tax and negative gearing): prosperity and equality of opportunity must move in tandem and reinforce each other. Only when you give equal weight to each do you unleash the powerful alchemy of a robust economy and a good society.
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