Labor superannuation policy

Labor accuses Government of “superannuation policy by PowerPoint”

Labor has criticised Treasurer Scott Morrison, after he reportedly distributed a briefing paper to Coalition MPs advocating for the superannuation changes announced in the 2016 Budget. Update: the Government has released the first tranche of superannuation legislation for the changes announced in the 2016 Budget. “Treasurer Scott Morrison’s humiliation at… Read More »Labor accuses Government of “superannuation policy by PowerPoint”

Labor to oppose Budget super spending, wants prospective lifetime cap

The Labor party has announced that it will oppose several of the superannuation spending commitments from the 2016 Budget and wants the Div 293 threshold lowered to pay for a prospective lifetime non-concessional contributions cap. Labor has said it will support the Low Income Superannuation Taxation Offset (which replaces the LISC) while… Read More »Labor to oppose Budget super spending, wants prospective lifetime cap

“Some prospect” of deal on Budget super changes, says Jim Chalmers

The Government and the Labor party may come to an agreement on the superannuation changes announced in the 2016 Budget. Speaking about the superannuation changes with The Guardian, Shadow Minister for Finance, Jim Chalmers, said: “There is some prospect of agreement with the Government”. ‘We’ve flagged what we’re concerned about,… Read More »“Some prospect” of deal on Budget super changes, says Jim Chalmers