Opposition Leader Peter Dutton says changing the superannuation taxation rate while money is “stuck in there” is unfair to Australians paying into their super.
“The basic principle is if people have invested according to the law – it’s difficult – and we penalize people so they can’t pull the money out of superannuation in a big chunk,” Mr Dutton told Sky News host Peta Credlin.
“Then we change the taxation arrangements whilst the money’s stuck in there, I think that is unfair.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Incredibly irresponsible': Government, opposition trade barbs over submarinesThe government and opposition have traded barbs over the nuclear submarines Australia will acquire, with claims 'incredibly irresponsible' remarks have been made.
Read more »
‘Uncertainty’ Labor is creating around super is ‘unnaceptable’: DuttonThe Opposition Leader has blasted the government for creating “uncertainty” around superannuation after changes to tax concessions for super-sized accounts were announced on Tuesday. Peter Dutton labelled the uncertainty being generated by the changes as “unacceptable”. “People who work hard for their super, enjoy a retirement as a result of their hard work,” Mr Dutton said during a media conference on Wednesday. “And if we walk away from that principle, which clearly the Labor Party has, I think it provides great uncertainty around superannuation as an asset class,” he said. “You can understand why a lot of Australians are really scratching their head about a Prime Minister that they now can’t trust.”
Read more »
Dutton vows to repeal changes to super tax if electedOpposition Leader Peter Dutton says the Coalition won’t stand by as Australians are 'attacked', vowing to repeal Labor’s changes to super if victorious at the next federal election.
Read more »
Dutton vows to repeal super tax hike as PM rules out capital gains tax changePeter Dutton vowed to repeal the government’s change to superannuation tax while Anthony Albanese ruled out any future changes to another expensive tax concession.
Read more »