sectors in Australia. Keating had frequently espoused the benefits of the arts in public, and used the policy as an opportunity to develop the Australian cultural sector. During the Keating government, mandatory detention for asylum seekers was also introduced for the first time. Superannuation and economic policy Arguably Keating's most far-reaching achievement as prime minister was the full introduction of the National Superannuation Scheme, implemented to address Australia's long-term problem of chronically low national savings. This initiative built on policies that Keating had pursued whilst treasurer, and was aimed at ensuring that most Australians would have enough money to retire. In 1992, the compulsory employer contribution scheme became a part of a wider reform package addressing this retirement income dilemma. It had been demonstrated that Australia, along with many other Western nations, would experience a major demographic shift in the coming decades, due to ageing population, and it was claimed that this would result in increased pension payments that would place an unaffordable strain on the Australian economy. Keating's solution was a "three pillars" approach to retirement income, requiring compulsory employer contributions to superannuation funds, permitting further contributions to superannuation funds and other investments, and introducing, where this was insufficient, a safety net consisting of a means-tested government-funded age pension. The compulsory employer contributions were branded "Superannuation Guarantee" (SG) contributions. As a result of this policy, along with the gradual increases in the minimum contribution amount, Australia grew to become the fourth largest holder of pension fund assets in the world, with a balance of AU$3.3 trillion in superannuation assets at the end of the June 2022 quarter. In the aftermath of the 1990 recession, Keating appointed his close ally John Dawkins as treasurer, and together the two developed an economic package to counter the Liberal-National Coalition's 'Fightback!' proposals; this package came to be known as 'One Nation', and involved using funding from the budget surplus to produce new welfare-to-work programmes, as well as introducing a new degree of competition within the telecommunications and communications industries and creating the Australian National Training Authority (ANTA). 'One Nation' also proposed a series of further tax cuts for middle-income workers coming in two tranches, in 1993 and 1995, although these would later be deferred to 1995 and 1998, a move which cost the Government considerable political support among the public. A further major economic policy development was the introduction of an enterprise bargaining