60 Minutes Australia

Going for Broke/Reboot of the Nerds/Look Who’s Talking/Remembering Victor (2016x23)

: 10, 2016

Going for Broke In the brutal assessments of the election disaster for Malcolm Turnbull, many experts said the Coalition’s proposed changes to the superannuation system cost it desperately needed votes. The Prime Minister and Treasurer had claimed super was becoming a tax rort for the wealthy, and there wasn’t enough benefit for low and middle-income families. But fiddling with the retirement funds of any Australians is sure to raise tempers. And there’s an even bigger problem. Thanks to the new rules, and because we’re all living longer, most retirees will run out of money in their 70s and 80s, just when they need it most. In this special report for 60 Minutes, the Nine Network Finance Editor, Ross Greenwood, questions the government’s motives in making the changes and says by going for broke, it risks making superannuation even more confusing for all Australians. Reporter: Ross Greenwood Producer: Jo Townsend Reboot of the Nerds There was a time not so long ago when the geeks at school suffered serious teasing. But these days it’s all changed. Now many students aspire to be nerds. They’re honing their skills in digital technology because they know in the very near future that’s where the important careers – and big money – will be found. In fact almost every job will soon require a substantial degree of digital expertise, including computer programming. Brisbane schoolboy Taj Pabari is a great example of what’s needed and what can be achieved. At just 16, he’s already a businessman, with his own tech company, and an international team working towards a big future. Reporter: Liz Hayes Producer: Ali Smith Look Who’s Talking A few weeks ago at the Cincinnati Zoo in the United States a three-year-old boy fell into the gorilla enclosure. A huge silverback appeared to rescue him, but then started to toy with him like a rag doll. Eventually zookeepers shot the animal. It was distressing but they said it was the only way to sav