The Deputy Liberal leader has slammed the government for doing the wrong thing by “ordinary, hard-working Australians” with the planned overhaul of the Superannuation system.
Both the Prime Minister and the Treasurer have in recent days made comments suggesting Labor have plans to legislate an agreed objective for Superannuation.
Treasurer Jim Chalmers has indicated he is open to major changes to Australia’s Superannuation in the last two days, including possible cuts to the tax concession and limits on individuals accessing their funds early. Australians earning less than $250,000 can make additional contributions at a reduced concessional tax rate of 15 per cent.
In May 2022 he said he had “no intention of making any super changes” and also told ABC Insiders in March of the same year a Labor government would “maintain the system”.
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