Labor was accused of planning a “clandestine raid” on the superannuation system, with shadow assistant treasurer Stuart Robert saying it was laying the groundwork to roll back tax concessions.
showed that increasing the concessional super contribution rate from 15 per cent to 32 per cent for people earning more than $180,000 a year would raise $35.4 billion in the eight years from 2024-25.
“While everyday Australians struggle to pay their soaring energy bills, fill up their cars and service their mortgages, Labor are hard at work cooking up new ways to tax their aspirations,” Mr Robert said.“Labor snuck into government and have now shown their true colours by belling the cat on their new $50 billion tax on Aussie super,” he added, demanding that the government explain who commissioned the PBO modelling.
Assistant Treasurer Stephen Jones said Labor certainly did not commission the modelling, and that “Mr Robert should confine his outrage to his colleagues”.
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